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.
Transferability and Requirements
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.
DeFi Compatibility
wSTBT is a fully supported token form on DeFi platforms such as collaterized lending, cross-chain transfers due to it's non-rebasing nature.
Cross-Chain
Bridge wSTBT securely between Ethereum and Arbitrum through the Chainlink CCIP lock-and-mint mechanism.
