Solana-native vault routing USDC/SOL into Brazilian credit yield.
90% senior conservative, 10% first-loss high-upside.
RWA rails, built as a proof-of-concept
A Solana vault that replicates Brazilian FIDC tranche structure on-chain. 90% senior for capital preservation. 10% junior for first loss and excess yield. The waterfall logic is immutable — enforced by bytecode, not a fund manager.
Most RWAs in crypto are still stablecoins yielding to another DeFi protocol.
At Strata protocol
we're trying something different for the Frontier Hackathon:
Routing USDC/SOL directly into Brazilian structured credit (FIDC-style) with 90/10 on-chain tranching.
Here's the concept:
90% → Senior Tranche (conservative, capital protection first)
10% → Junior Tranche (first-loss, captures the upside)
The waterfall logic is 100% in the smart contract (Anchor). No admin can touch it.
Why Brazil?
Largest FIDC market in Latin America
Real yield tied to receivables, invoices, etc.
CDI + consistent credit spread
All of it tokenized on Solana.
@solana_sailor@colosseum STRATA Protocol — Solana vault that replicates Brazilian FIDC tranche structure onchain. 90% senior, 10% junior, waterfall enforced by Anchor smart contract. Deposit directly from your X feed via Solana Blinks in one Phantom transaction. https://t.co/XLkqBtEZLh
We built STRATA — a Solana vault that puts Brazilian FIDC tranche logic directly in an Anchor smart contract. Real yield. No fund manager. One Phantom transaction. https://t.co/XLkqBtEZLh