Products
RWA Vaults Overview
Yield backed by real-world assets — US Treasury bill income and Flux Points accumulation through two distinct mantraUSD receipt tokens.
RWA Vaults give you yield backed by real-world assets. Fluxtra's RWA Vault architecture is asset-agnostic — any tokenized yield-bearing instrument can be wrapped in a dedicated vault. The first live deployment features mantraUSD — MANTRA Chain's stablecoin backed 1:1 by US Treasury bills via M0 Protocol.
What Makes RWA Vaults Different
Most DeFi yield comes from crypto-native sources: trading fees, token emissions, lending interest. These yields rise and fall with market activity and are often unsustainable.
RWA Vault yield comes from the real-world economy — specifically from US Treasury bills, which offer a stable, institutional-grade return regardless of crypto market conditions. It is the risk-free rate, made accessible onchain.
Two Receipt Tokens, One Deposit Asset
The mantraUSD RWA Vault issues two distinct receipt tokens, each optimized for a different strategy. You choose which you want when you deposit.
| wmantraUSD-Yld | wmantraUSD-Pts | |
|---|---|---|
| Nickname | Yield Vault | Points Vault |
| Model | Appreciating redemption rate | Fixed 1:1 with mantraUSD |
| Earns T-bill yield | Yes (boosted rate) | No |
| Earns Flux Points | No | Yes (with multipliers) |
| Mid-week withdrawal | No penalty | 1:1 point deduction |
| Standard | ERC-4626 | ERC-4626 |
The choice encodes a fundamental tradeoff between yield now and $XTRA governance stake later. Neither vault earns both.
wmantraUSD-Yld (Yield Vault)
For depositors who want T-bill yield on their stablecoin position.
- Share price starts at 1:1 with mantraUSD and appreciates over time as T-bill yield accrues.
- Withdraw anytime. The redemption rate at withdrawal determines how much mantraUSD you receive.
- APY is boosted above the base T-bill rate: yield that would otherwise accrue to Points Vault depositors is redirected to the Yield Vault, lifting its effective APY above the raw risk-free rate.
- Earns no Flux Points.
Contract: 0x320C6ebDd3e0c322AFb42D71d264a316fC81E13A
wmantraUSD-Pts (Points Vault)
For depositors optimizing for Flux Points and future $XTRA exposure.
- Share price is fixed at 1:1 with mantraUSD. No T-bill yield accrues.
- Earns Flux Points from a fixed weekly allocation.
- Fewer depositors means a larger share of the fixed pool per dollar. As more depositors join, per-dollar points dilute.
- Mid-week withdrawal triggers a 1:1 proportional point deduction on your PV balance.
- Earns no T-bill yield.
Contract: 0x33858b629bC4286EC542AAb4D72cF9463162D2A7
How the Yield Chain Works
mantraUSD is backed 1:1 by US T-bills via M0 Protocol, an institutional-grade stablecoin framework backed by Paradigm and Ribbit Capital. Consensus-owned MetaMask also uses M0 to power its mUSD stablecoin.
T-bills generate yield. M0 passes yield through to mantraUSD. Fluxtra routes that yield to wmantraUSD-Yld holders, net of fees. See How RWA Vaults Work for the complete mechanics and APY formula.
wmantraUSD as Collateral
wmantraUSD-Yld is yield-bearing collateral. Post it as margin or collateral in supported protocols on MANTRA Chain (the first named integration is Yieldra) and continue earning T-bill yield while the capital backs another position. Idle USDC earns nothing. Posted wmantraUSD-Yld keeps earning.
First of Many
The mantraUSD vault is the first live RWA Vault, not the only design. The same vault infrastructure can wrap any tokenized yield-bearing instrument — public equities, private credit, private equity, real estate, commodities, sovereign bonds, IP royalty streams. As new RWA issuers deploy on MANTRA Chain, each becomes a candidate for a dedicated Fluxtra vault following the wmantraUSD blueprint.