OpenTrade Docs
  • ๐Ÿ‘‹Welcome to OpenTrade
    • ๐Ÿ’ปPlatform Overview
    • โ›“๏ธBlockchain Protocol
    • ๐Ÿ–ฅ๏ธWeb Application
    • ๐Ÿช™Supported Digital Assets
    • ๐ŸŒSupported Blockchain Networks
    • ๐Ÿ“‚Supported Digital Wallets
  • Stablecoin Yield
    • ๐Ÿ“˜Product Overview
      • ๐Ÿ—ณ๏ธVaults
      • ๐Ÿ›๏ธKey Parties
      • ๐Ÿ”Loan Collateral
      • โžก๏ธMaking Loans
      • ๐Ÿช™Vault Tokens
      • ๐ŸงฎExchange Rates
      • ๐Ÿ—“๏ธCalendar & Business Days
      • ๐Ÿ‘ฉโ€โš–๏ธLegal
        • ๐Ÿ›ก๏ธBankruptcy Remote Structure
        • ๐Ÿ“—Master Lending Agreement
        • ๐Ÿ““Loan Confirmations
        • ๐Ÿ“ƒSecurity Trust Deed
        • ๐Ÿ“™Platform Terms of Service
        • ๐Ÿ”Privacy & Cookie Policies
    • ๐Ÿ’ธStablecoin Yield Vaults
      • ๐ŸฆMoney Market Fund Vaults
        • ๐Ÿ’ตUSD Money Market Fund Vault
          • ๐Ÿ’ฐInterest Rate & Fees
          • โžก๏ธMaking Loans
          • โฌ…๏ธWithdrawals
        • ๐Ÿ’ตFranklin Templeton Benji MMF Vault
          • ๐Ÿ’ฐInterest Rate & Fees
          • โžก๏ธMaking Loans
          • โฌ…๏ธWithdrawals
        • ๐Ÿ’ตFlexible Term USDC Vault
          • ๐Ÿ’ฐInterest Rate & Fees
          • โžก๏ธMaking Loans
          • โฌ…๏ธWithdrawals
        • ๐Ÿ’ถFlexible Term EURC Vault
          • ๐Ÿ’ฐInterest Rate & Fees
          • โžก๏ธMaking Loans
          • โฌ…๏ธWithdrawals
      • ๐ŸญHigh Yield Corporate Bond Vault
        • ๐Ÿ’ฐInterest Rate, Exchange Rate, Fees
        • โžก๏ธMaking Loans
        • โฌ…๏ธWithdrawals
      • Managed DeFi Yield Vault (Beta)
        • ๐Ÿ’ฐInterest Rate & Fees
        • โžก๏ธMaking Loans
        • โฌ…๏ธWithdrawals
      • ๐Ÿ“†Fixed Term US Treasury Bill Vaults
        • โณFixed Term Vault Mechanics
        • ๐ŸŽŸ๏ธInterest Rates & Fees
        • ๐Ÿ”„Early Withdrawal Requests
        • ๐ŸŸขLoan Rollovers & Rollover Termination
        • ๐Ÿ’ฌLoan Statuses
        • ๐Ÿ–ฑ๏ธLender App Overview
  • ๐Ÿ’ปIntegrations
  • โš™๏ธContract Addresses
  • ๐Ÿ›ก๏ธCode Audits
  • ๐Ÿ“ฅOnboarding
    • โœ…Eligibility Requirements
  • ๐Ÿง‘โ€๐Ÿ’ปUser Guides
    • ๐ŸŽ๏ธGetting Started
    • ๐Ÿ”ฅFireblocks Users
      • ๐Ÿ”„End-to-End
      • โœ…Whitelisting Contracts
      • โš™๏ธConfiguring Your TAP
      • ๐Ÿ”ŒConnecting via WalletConnect
      • ๐Ÿช™Listing a Vault Token
      • โฌ†๏ธMaking an Investment
      • โฌ‡๏ธMaking a Withdrawal Request
    • Safe{Wallet} Users
    • ๐ŸŸฃCircle Mint Users
    • ๐ŸŸฆCoinbase Prime Users
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  • Summary
  • Legal Architecture
  • Key Legal Agreements
  • Master Lending Agreement
  • Loan Confirmation(s)
  • Security Trust Deed
  • Platform Terms and Conditions
  • Privacy Policy
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  1. Stablecoin Yield
  2. Product Overview

Legal

Learn more about the legal framework behind OpenTrade and view important legal agreements like our Terms & Conditions and Privacy Policy.

PreviousCalendar & Business DaysNextBankruptcy Remote Structure

Summary

The legal structure for OpenTradeโ€™s Treasury Management & Yield Product is secured lending to a bankruptcy remote Cayman Segregated Portfolio Company (SPC), OpenTrade SPC, which is operated by an independent board of directors and an FCA regulated investment firm.

Legal Architecture

Below is an overview of the key entities involved and the legal agreements between them.

Key Legal Agreements

Master Lending Agreement

The agreement governing lending activity made through the OpenTrade Platform. It is executed between the Borrower and each Lender during the onboarding process.

Learn more about the Master Lending Agreement below:

Loan Confirmation(s)

Issued pursuant to the Master Lending Agreement for each individual loan made through the platform. Each Loan Confirmation specifies the legally binding terms of each loan.

Learn more about Loan Confirmations below:

Security Trust Deed

All loans made via the OpenTrade Treasury Management & Yield Product are fully collateralised with eligible loan collateral (US Treasury Bills, USD, and USDC). A Security Trustee holds a security interest on behalf of Lenders in all collateral and the accounts in which collateral is held pursuant to a Security Trust Deed.

Read the Security Trust Deed below:

Platform Terms and Conditions

An agreement between Lenders, the Borrower (OpenTrade SPC), and Open Trade Technology Ltd (the Platform Provider) governing use of the OpenTrade Platform. You agree to these Terms & Conditions by accessing the OpenTrade Platform.

Read the Terms and Conditions below:

Privacy Policy

The Privacy Policy will inform you as to how we look after your personal data when you use our โ€œServicesโ€ (our website(s), app(s), protocols, tools, and systems) or interact with us in any other way.

Read the Privacy Policy here:

๐Ÿ“˜
๐Ÿ‘ฉโ€โš–๏ธ
๐Ÿ“—Master Lending Agreement
๐Ÿ““Loan Confirmations
๐Ÿ“ƒSecurity Trust Deed
๐Ÿ“™Platform Terms of Service
๐Ÿ”Privacy & Cookie Policies