Chateau
  • OVERVIEW
  • Core Tokens
  • LEGAL
    • Manager and Issuer Responsibilities
    • Terms of Use
    • Privacy Policy
  • Roles
    • chUSD and schUSD roles
    • Chateau
    • Managers
    • Ambassadors
  • USDtb
  • Using the front end
  • PROTOCOL MECHANICS
    • Issuance
    • Redemption
  • chUSD 101
  • How chUSD works
    • Approved Collateral
    • schUSD
    • chUSD and schUSD minting mechanisms
  • Fund Partner: Covenant VC
  • Where's the yield coming from?
  • How Liquid is it?
  • ⚖️ Peg Stability & Arbitrage Mechanism
  • ⚠️ Risks & Disclosures
  • Security
    • Custodians
    • Audits
    • Smart Contracts
      • Audits
  • Private Credit Overview
    • What is private credit?
    • Sub-Markets
  • PreIPO Late Stage Venture Overview
    • 🚀 What Is Late-Stage Venture / Pre-IPO Investing?
  • FAQ
  • What is an approval transaction?
  • Media Assets
  • Troubleshooting
    • Contact Us
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  • chUSD
  • schUSD
  • CHT

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Core Tokens

chUSD

chUSD is Chateau's flagship synthetic dollar, minted when users deposit USDC and USDT. chUSD can be redeemed for USDC, but receives no yield.

schUSD

Users that stake their chUSD receive yield that is generated from Private Credit strategies deployed by Covenant VC, Chateau's hedge fund partner. chUSD is an ERC-4626 tokenized vault that accrues chUSD over time. To convert schUSD back to chUSD, users can unstake their schUSD, but this takes three weeks, during which no additional yield is earned.

CHT

CHT is the governance token for Chateau. CHT is periodically bought back and burnt from Chateau's profits through the BTFD fund.

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Last updated 5 days ago

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