K3 Capital Galaxy Single Borrower Vault
| Network | Monad |
|---|---|
| Deposit currency | AUSD |
| Vault capacity | 50M AUSD |
| Borrower | Galaxy (Nasdaq: GLXY) |
| Legal Recourse | Pari Passu with other Creditors |
| Counterparty risk | Bankruptcy remote from K3 Capital balance sheet |
| Type | Unsecured to a single borrower |
| Transparency | interest payments, term sheet verification, borrower whitelisting |
| Fees | 0% management fee / 10% performance fee |
| Liquidity Buffer | 0-10% |
| Redemption | Monthly redemptions of 33% of total vault size on 1st workday of the month |
| Vault | Explore vault |
| Onboarding | Start KYC/KYB HERE |
| Secondary liquidity OTC | K3 Capital, SumCap |
| Lending markets | Euler, Morpho (coming soon) |
| Cost of capital | 6% |