🏦Money Market Fund Vaults

Learn more about the different Money Market Fund Vaults offered on the OpenTrade Platform

Summary

There are several different types of Money Market Fund Vaults on the OpenTrade Platform. Each has slight differences in how they work but they all use highly rated USD and EUR Money Market Funds as collateral, enabling users to earn the risk free rate of return on their stablecoins while maintaining maximum liquidity, safety, and stability.

To learn more about each vault, click the page link in each section or visit the vault in the left hand navigation.

USD Money Market Fund Vault (V5)

The primary difference between the USD Money Market Vault and the Flexible Term USDC Vault is the version of the protocol they run on. The Flexible Term USDC Vault runs on Version 4 and the USD Money Market Vault runs on Version 5.

Version 5 vaults provide more flexibility in the flow of funds, use simpler contracts which are easier to upgrade, and support for several different exchange rate methods in a single vault type.

💵USD Money Market Fund Vault

Franklin Templeton Benji MMF Vault (V5)

The primary difference between the USD Money Market Vault and the Franklin Templeton Benji MMF Vault is the latter exclusively uses Franklin Templeton's tokenised money market fund (BENJI) as the underlying collateral. As such, the yield and processing times can vary from the other money market fund vaults.

💵Franklin Templeton Benji MMF Vault

Flexible Term USDC Vault (V4)

💵Flexible Term USDC Vault

Flexible Term EURC Vault (V4)

This vault is exactly the same as its counterpart, the only difference is the liquidity asset is EURC and the underlying collateral is a EUR Money Market Fund.

💶Flexible Term EURC Vault