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About LTT

What is LTT?

Xitadel is a next-generation on-chain financing protocol. It lets Web3 projects raise capital by issuing Liquid Treasury Tokens (LTTs), overcollateralized digital instruments backed by native assets. Projects deposit tokens as collateral. The protocol verifies and locks them on-chain, then mints LTTs that are sold to investors for stablecoins.

LTTs pay interest in two ways: a fixed stablecoin yield or additional native-tokens, depending on the issuer configuration. At maturity, investors burn their LTTs to claim both principal and interest, ensuring only valid holders receive payouts.

To safeguard the system, Xitadel continuously tracks each position’s collateralization ratio (LTV). If a threshold is breached, keeper bots signal that collateral can be withdrawn by LTT holders. They may then redeem their share of native-tokens and decide whether to hold or sell, keeping every LTT transparently secured throughout its lifecycle.