Institutional Deposit Tokens

The attestations for Frictionless Institutional Deposit Tokens are proved by the PERMISSIONED_FUND_ACCOUNTANT (Creatrust Luxembourg) and are publicly available at https://snowtrace.io/address/0x143F369d362E6F9Bb2b9282c48e55d19f5EB5305

Always check that the smart contracts you interact with are valid contracts issued by the Frictionless Markets Protocol Administrator.

The PROTOCOL_ADMIN address is 0x55749224f94d79687Ba3955db2180d7C5D7D2409

Any other address purporting to offer the Frictionless protocol is not valid.

If you have any queries or wish to report any suspected issues, please contact the protocol admin team via [email protected]

Deployed Institutional Deposit Tokens

The Frictionless PROTOCOL_ADMIN has deployed the following FrictionlessFundDepositTokens.

Frictionless Institutional Deposit Tokens

The Frictionless Institutional Deposit Tokens are deployed at the following token addresses on Avalanche.

Currency	Frictionless Token Address
USD	Frictionless U.S. Dollar - fsUSD
EUR	Frictionless Euro - fsEUR
GBP	Frictionless Bristish Pound Sterling - fsGBP
CHF	Frictionless Swisss Franc - fsCHF
HKD	Frictionless Hong Kong Dollar - fsHKD
SGD	Frictionless Signapore Dollar - fsSGD
JPY	Frictionless Japanese Yen - fsJPY
AED	Frictionless Emirati Dirham - fsAED

Structure of Frictionless Institutional Deposit Tokens

The Frictionless Institutional Deposit Token (FricitonlessFundDepositToken) is designed as a method of recording a FIAT contribution for a PERMISSIONED_INVESTOR into a listed fund on the Frictionless protocol.

Neither Frictionless Markets nor its parent company DEFYA HOLDINGS nor any subsidiaries actively manage currency contributions for Investors or permissioned participants in the protocol. All investment decisions must made exclusively by Investors or their appointed wealth advisors or agents.

The Frictionless Markets team passively manages a collection of open-ended fund structures which are designed to securitise the currency contributions, so thereafter these tokens can be used to record payment, settlement and trade in tokenized securities from funds listed on the Frictionless protocol.

The following high-level diagram describes the main participants and their high-level interaction with the protocol.

Passive Securitization Structure of Frictionless Institutional Deposit Tokens

For more information on the legal structure of the FRICTIONLESS MARKETS SECURITIES FT, consult our legal & fund documentation