Use Cases
Semi-redeemable vaults enable new deal structures that combine yield, liquidity, and long-term alignment.
🪙 Easy DAT
A next-generation DAT model that unlocks NAV parity and permanent capital lockups.
Who it’s for: Issuers and managers of large-cap assets seeking sustainable upside.
How it works:
Depositors receive a vault share at zero NAV premium.
The vault grows mNAV with yield and potential premium trading.
Redemption is available at original deposit value unless tokens are sold or vested.
Value of redemption control:
Enables financing via vested assets.
Reduces NAV discounts by turning on redeemability.
Strengthens long-term yield programs.
🚀 Flying ICO
Inspired by “Flying Tulip” — a hybrid model funding startups with yield.
Who it’s for: Startups with early traction or a significant distribution channel.
How it works:
Depositors buy a vault token that doubles as a startup token or share.
Redeemability is lost upon sale or after vesting.
The vault invests in startup growth while accruing yield.
Value of redemption control:
Reduces risk for early investors.
Adds a liquidity premium to pre-product tokens.
Enables startups to raise with built-in yield mechanisms.
🧩 Easy SPAC
A SPAC structure optimized for DeFi — with lower costs and higher predictability.
Who it’s for: SPV and SPAC sponsors seeking improved investor economics.
How it works:
Depositors buy into an IPO with redemption rights.
Redemption can be forfeited upon sale or vesting.
Upon deal finalization:
Redeem with yield, or
Convert into the target deal.
Holders through conversion receive bonus warrants, customizable per investor.
Value of redemption control:
Guarantees cash delivery with vested assets.
Aligns incentives with “sticky” bonus warrants.
Improves reliability and cost efficiency of SPAC execution.
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