> For the complete documentation index, see [llms.txt](https://untapped-global-1.gitbook.io/embd-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://untapped-global-1.gitbook.io/embd-finance/usdembd-token.md).

# $EMBD Token

## From SPVs to SPVaults

EMBD Finance introduces SPVaults — a new generation of tokenized yield vaults that transform real-world cash flows into blockchain-native investment products. These are not derivatives or synthetic structures; they are primary revenue streams digitized and securitized on-chain.

SPVaults represent distinct yield-bearing strategies tied to portfolios of receivables, SME financing, or other productive cash flows. Investors deposit USDT or USDC, receive vault tokens, and earn yield directly from real repayment activity. With live on-chain proofs of repayment and transparent risk analytics sourced from EMBD’s infrastructure, SPVaults deliver a composable, verifiable foundation for Web3-native RWA investment.

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#### What SPVaults Enable

* **Real-Time Transparency** – Track repayment performance with auditable, on-chain data.
* **Stablecoin-Based Access** – Deploy USDT/USDC into real yield while counterparties retain equity.
* **Diversified Exposure** – Vaults pool receivables and loans to balance risk and stabilize returns.
* **Integrated Infrastructure** – Data, payments, analytics, and syndication delivered in one seamless stack.
* **Scalable Architecture** – Purpose-built to handle institutional scale, delivering consistent returns with blockchain-native efficiency.

## Offering Overview

## Key Terms

#### Overview

EMBD Finance offers yield-bearing vault tokens that provide short-duration, high-yield exposure to real-world cash flows. Each vault is a tokenized structure backed by productive receivables and repayment streams, designed to deliver stable, non-synthetic yield.

Investors connect wallets, commit USDC, receive vault tokens in return, and earn yield based on live repayment performance. Yields are distributed according to lock periods, with transparency and risk data verifiable on-chain.

#### **Embedded Finance Vault 1**

* A diversified portfolio of receivables from embedded finance partners
* Tokenized into yield-bearing vaults with transparent repayment data
* Built to reduce risk through exposure across counterparties, currencies, and asset types

#### **Investment Options**

* **8% APY** • 30-day lock • $100 minimum
* **10% APY** • 90-day lock • $100 minimum
* **12% APY** • 365-day lock • $100 minimum

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#### How It Works

1. **Commit capital** in USDC to your chosen vault.
2. **Receive vault tokens** representing your position.
3. **Earn yield** distributed based on repayment flows during your lock period.
4. **Redeem** at maturity or roll into a new vault.