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Short-term Treasury Bill Token (STBT) FAQ
Short-term Treasury Bill Token (STBT) FAQ
Updated over 3 months ago

1. Where can I learn about STBT, such as the issuer and airdrop mechanism, etc?

2.What kind of users can deposit/use STBT?

Users who have passed Matrixdort KYC4 advanced certification. (KYC4 verification can be performed on the Matrixport App or through the following Matrixdock link https://stbt.matrixdock.com/)

3. Why can’t I get the deposit address even though I have passed KYC4 certification?

After passing KYC4 certification, please contact customer service to open the deposit address.

4. Can STBT be used as collateral? What is the haircut ratio?

Yes. 2%. Please refer to the “Assets - Trading -Collateral” section in the App for details.

5. What other channels can I use to obtain STBT besides deposit?

After passing KYC4 certification, users can purchase STBT through Convert.

6. How can I get the distribution airdrop after holding STBT?

The issuer will automatically airdrop to the user’s account based on the number of STBT held by the user.

7. Why didn’t I get the airdrop after purchasing STBT through Convert?

Although the user’s account has obtained STBT and can be used as collateral or traded, the funds of STBT have not been actually settled due to the third-party Convert service. After settlement with the supplier, users can receive the distribution airdrop normally. The settlement cycle is usually 1-3 days (usually 1 day).

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