> For the complete documentation index, see [llms.txt](https://matrixdock.gitbook.io/matrixdock-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://matrixdock.gitbook.io/matrixdock-docs/english/non-rebasing-stbt-wstbt/token-features.md).

# Token Features

wSTBT is the non-rebasing version of STBT(Short-term Treasury Bill Token). The value of wSTBT increases as STBT accrues yield. In contrast, the rebasing token STBT maintains a price of $1.00, and yield increase results in STBT holders receiving additional STBT tokens.

<details>

<summary>Transferability and Requirements</summary>

wSTBT maintains the same whitelisting and permissions as STBT. Only whitelisted individuals and entities that have passed KYC and Accredited Investor checks can wrap/hold/transfer/unwrap wSTBT.

</details>

<details>

<summary>DeFi Compatibility</summary>

wSTBT is a fully supported token form on DeFi platforms such as collaterized lending, cross-chain transfers due to it's non-rebasing nature.

</details>

<details>

<summary>Cross-Chain</summary>

Bridge wSTBT securely between Ethereum and Arbitrum through the Chainlink CCIP lock-and-mint mechanism.

Bridge wSTBT on: <https://app.matrixdock.com/stbt/bridge>

</details>


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