Term Repo Token
The Term Repo Token is an implementation of the ERC-20 smart contract standard that track claims to the aggregate repurchase price due on the repurchase date (the total amount due at maturity) across all borrowers to a Term Repo deployment. The Term Repo Token is typically normalized to be redeemable 1:1 for the purchase token in which a Term Repo deployment is denominated on or after the Repurchase Date (subject to a repurchase window that typically lasts 12-24 hours).
Initialization ParametersAdministrative Functions| Contract | Description and Key External Functions |
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ERC-20 contract to track claims to the aggregate repurchase obligations due on the repurchase date across all borrowers | |
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