$SIBAHE is live on Robinhood Chain.
CA: 0xb96435f0ef0ade731646dd12c777cafe5a9c80eb
A tokenized U.S. Treasury fund: backed one-for-one by short-dated bills, attested every 24 hours, redeemable 24/7 with T+0 settlement. The bills' coupon accrues to NAV daily. No farming, no emissions.
Global Central Bank Update:
-The Fed hiked rates for the first time since 2023, 25 bps move up to 3.75-4.00%. Signaled more hikes to come before year end.
The Fed raised rates a quarter point this month, its first hike since 2023.
The 3-month bill printed above 4% the same day. A tokenized Treasury fund doesn't need a governance vote to reflect that. The bills roll, the ladder re-prices, and the accrual into NAV follows the curve within weeks.
Yield here is not a parameter. It is whatever the U.S. government is paying, less the fee.
How NAV rises, in plain terms.
A Treasury bill is issued at a discount and redeems at par. The gap is the yield. As the bills in the reserve accrete toward par, that accrual passes through to holders every day, net of a 0.15% management fee. Nothing is paid out.
Nothing is farmed. One $SIBAHE simply becomes worth a little more than it was yesterday.
The coupon of U.S. government debt, marked daily.
Raising interest rates boosts Treasury yields, protects the public, benefits on-chain Treasury users, and delivers steady appreciation for your assets.
BREAKING: The Federal Reserve officially hikes interest rates by 25 basis points, marking its first rate hike since July 2023.
This ends the longest Fed interest rate pause since 2008.
Dev tokens burned.
https://t.co/tZP5ffd4wi
Fewer tokens outstanding, the same bills in custody. The reserve ratio moved the only way we like, and tomorrow's attestation will show it.
The old way to own a T-bill: a brokerage account, a minimum, a settlement date, and market hours.
The $SIBAHE way: a wallet. Subscribe from $1, redeem 24/7, watch NAV accrue on-chain.
Same bill. Fewer gatekeepers.
Most of the real-world assets already on-chain aren't exotic. They're Treasuries and cash — the risk-free rate, finding a faster settlement layer.
$SIBAHE issues it where RWA is native: Robinhood Chain.
Real-World Assets, on the chain built for them.
the part people skip over:
redemption is the hard part of every money-market product. ours settles T+0 — burn the token, stablecoins back, any hour of any day.
the T-bill window on Robinhood Chain never closes.
Every 24 hours an independent agent counts the bills in custody and checks them against every token outstanding. The report gets hashed on-chain.
Reserves you can verify, not reserves you're asked to trust.
What is a tokenized Treasury bill?
The same 4-week U.S. T-bill a money-market fund already holds — issued straight to your wallet as a token. You subscribe with stablecoins, the bill's coupon accrues to NAV every day, and you redeem back to stablecoins whenever you want.
Same instrument. New settlement layer.
The risk-free rate, minus the banker's hours.