Fathom Vaults
FTHMTokenized yield
Splits a yield-bearing deposit into a principal token and a yield token so treasuries can sell forward income without selling the asset.
- Seed
- Avalanche
- Screened
- 8 days left
Allocation snapshot · fictional demo data
Allocation target
450,000USDT
Committed
53.3%
| Committed by | USDT | Of target |
|---|---|---|
| CoinBrowse Ventures | 90,000 | 20.0% |
| Investment Pool | 150,000 | 33.3% |
| Uncommitted | 210,000 | 46.7% |
| Total committed | 240,000 | 53.3% |
| Allocation target | 450,000 | 100.0% |
Pool participants
97
Time remaining
8 days left
Diligence
Screened
The allocation target is what CoinBrowse is seeking to secure in this round — not the amount Fathom Vaults is raising in total.
Investment thesis
A treasury holding staked assets often needs predictable cash but will not sell the position. Fathom separates the two claims: the principal token redeems at maturity, the yield token pays whatever accrues until then. The mechanism is ordinary fixed income. The hard part is keeping longer maturities liquid, which is where comparable designs have failed.
Principal risks
Yield-token liquidity is thin outside the nearest maturity, so exits at longer dates can be costly.
Pricing depends on a rate oracle with a single provider today.
The design competes directly with two better-capitalised protocols on larger chains.
Milestones
- Principal and yield split live for three Avalanche staking assets — shipped
- Fixed 3, 6 and 12-month maturities with a pooled AMM — in progress
- Second rate oracle and a fallback pricing path — planned
Due diligence
ScreenedBasic checks done. No investment committee review yet.
Eleven other fictional raises are open in this prototype.
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