mTB

How to Buy Midas TBILL Token (mTBILL)

MidasTreasuries

This guide walks you through buying Midas TBILL Token (mTBILL), a treasuries asset on Midas currently earning 4.00% APY. Follow these 5 steps to start earning yield on your investment.

1

Set Up a Wallet

To invest in mTBILL, you need a compatible crypto wallet. We recommend MetaMask or Rabby for browser-based wallets, or Coinbase Wallet for mobile. Make sure your wallet supports one of the following chains: ethereum, base, algorand. Write down your seed phrase and store it securely -- never share it with anyone.

2

Get Stablecoins

mTBILL is typically purchased with USDC or USDT. You can buy stablecoins on any major exchange (Coinbase, Kraken, Binance) and send them to your wallet on ethereum. If you already have crypto, you can swap to USDC on a DEX like Uniswap or 1inch.

3

Complete KYC (If Required)

Good news: mTBILL on Midas does not require KYC verification. You can invest directly from your wallet without identity verification. Note that regulatory requirements may change, so check the protocol's current requirements before investing.

4

Connect to Protocol

Visit the Midas platform at https://midas.app and connect your wallet. Make sure you are on the correct network (ethereum). Review the terms and conditions carefully. Check that the URL is correct to avoid phishing sites -- always access the protocol through official links or bookmark the site.

5

Make Your Investment

Select mTBILL from the available products and enter the amount you want to invest. Review the current APY (4.00%), any fees, and redemption terms before confirming. Approve the stablecoin spend and confirm the transaction in your wallet. Your yield will start accruing immediately after the transaction confirms.

Ready to invest in mTBILL?

Start earning 4.00% APY on Midas today.

Frequently Asked Questions

What is mTBILL?

Permissionless tokenized T-bill product offering DeFi-composable exposure to the US risk-free rate. Portfolio exclusively composed of sub-3-month maturity Treasury Bills.

What APY does mTBILL currently offer?

mTBILL currently offers 4.00% APY. The 7-day average APY is 3.98% and the 30-day average is 4.02%. Yields can fluctuate based on market conditions.

Is KYC required to buy mTBILL?

No, mTBILL does not currently require KYC verification. You can invest directly from your wallet.

What chains is mTBILL available on?

mTBILL is available on ethereum, base and algorand.

mTBILL Overview

Current APY
4.00%
TVL
$50.00M
Min Investment
None
KYC Required
No
Chains
ethereum, base, algorand
Risk Level
low risk
Audit Status
audited