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Turkish Lira Deposit Yield Token

cnTRYDCenterChainVerified

A token backed by Turkish lira time deposits held with [Bank] through [Custodian], distributing yield on published terms.

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Overview

cnTRYD represents a pro-rata interest in a portfolio of Turkish lira time deposits placed with [Bank] and held for [Issuer SPV] through [Custodian]. Yield accrues to the token’s net asset value daily; the target yield shown is the portfolio’s current deposit rate, net of fees, and changes with market rates.

Eligible investors subscribe in TRY or an approved stablecoin, hold cnTRYD in their own wallet or account, and redeem at NAV on the published schedule. Currency exposure is to the Turkish lira unless stated otherwise.

Terms

T plus 0Request before the cut-offA redemption placed before the published cut-off enters the same day's batch. After it, the request waits for the next one.
T plus 0Tokens locked, value struckThe tokens stop transferring and the value used for the redemption is the one published for that day.
T plus 1Custodian settles the underlying[Custodian name] sells or matures the share of the holding that backs the redeemed tokens.
T plus 2Cash paid, tokens burnedProceeds reach the holder's registered account and the redeemed tokens are burned on CenterChain, so supply and reserves stay matched.
Redemption path for cnTRYD. The cut-off, the settlement window and any fee are the ones stated in the rows below, which govern. Availability depends on your jurisdiction and investor status.
29,60%Gross yield, the target plus the fee
Kept by the holder, target yield29,10%
Taken by the fee, per year0,50%
Share of the gross yield taken by the fee1,7%
Kept by the holderTaken by the fee
The target yield is already net of the fee, so the gross figure is the target plus the fee stated in Terms and fees below, which govern. The bar is the proportion between the two. Sample data.

Eligibility and access

Eligible investorsProfessional and institutional investors in permitted jurisdictions [to be confirmed by counsel]
Minimum subscriptionTRY 100,000 [sample]
Restricted jurisdictionsSee the eligibility page
VerificationKYC and investor classification required
Where to subscribeCenterNetwork app

Structure and custody

Issuer[Issuer SPV name], [jurisdiction]
UnderlyingTurkish lira time deposits, 1 to 6 month terms
Deposit bank[Bank]
Custodian[Custodian name]
Bankruptcy remoteness[Statement supplied by counsel]
Contract0x[address]

Terms and fees

Yield methodologyWeighted deposit rate, net of fees, updated daily
DistributionAccrues to NAV
RedemptionAt NAV, T+2 business days [to be confirmed]
FeesManagement 0.50% per year [sample]; redemption 0%
NetworksCenterChain
ReportingMonthly attestation; audit on every contract change and annually for financials

Underlying

InstrumentMaturityISINWeightValue
TRY time deposit, [Bank]Oct 2026Not applicable45.0%TRY 21.060.000
TRY time deposit, [Bank]Dec 2026Not applicable35.0%TRY 16.380.000
Cash, TRYOn demandNot applicable20.0%TRY 9.360.000
Total100.00%TRY 46.800.000
As of 17 Sep 2026, 14:05 UTC · Sample data

Verified twice

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Verified twiceVerified
On-chain audit[Audit firm]02 Sep 2026Read the reportScope: token contract, access controls, upgrade path, reserve logic
Financial and legal audit[Audit firm]28 Aug 2026Read the reportScope: financial statements of the issuer, authority to issue, custody arrangement, asset existence
[Audit firm]On-chain: token contract, access controls, upgrade path, reserve logic02 Sep 2026Read the report
[Audit firm]Financial and legal: financial statements, authority to issue, custody arrangement, asset existence28 Aug 2026Read the report
Sample data

Documents

Offering documents

Term sheet12 Sep 2026PDF · 1.2 MB0x3f9a…c21eRead the report
Offering memorandum12 Sep 2026PDF · 4.8 MB0x91b0…7de4Read the report
Legal opinion[Date]Pending publicationPending

Custody

Custody confirmation[Date]Pending publicationPending

Audits and attestations

Smart contract audit02 Sep 2026PDF · 2.4 MB0xa4c2…19f0Read the report
Financial and legal audit28 Aug 2026PDF · 3.1 MB0x5d7e…b3a8Read the report
Latest monthly attestation, August 202605 Sep 2026PDF · 0.6 MB0xe08c…44d1Read the report
Attestation archive for cnTRYDAll monthly attestations, filterable by yearView transparency
Download fact sheetTwo pages, generated from this record, with every checksum. Sample data.
Sample data
Key risks
  • Sovereign credit risk: the deposits depend on the deposit bank meeting its obligations.
  • Interest rate risk: market rates move the value of the bills and the target yield.
  • Currency risk: TRY-denominated tokens move with the lira against USD and your home currency.
  • Liquidity and redemption timing: redemptions settle on the published schedule and secondary trading may be thin.
  • Smart contract risk: audited code can still contain defects; upgrades follow the published process.
  • Regulatory and tax risk: rules differ by jurisdiction and can change; tax treatment depends on your residence.
Full Risk Disclosure

Questions about cnTRYD

NAV is the value of the deposits and cash in the portfolio, less accrued fees, divided by tokens in circulation. It is calculated daily from bank and custodian records and published with an as-of time.