XFTAssetSwaps_V4

XFT acts as the liquidity provider and escrow manager, enabling instant redemptions for illiquid CLO shares.

XFTAssetSwaps_V4 0xfbae4ba53a2FcCD599047d4B2Ff77647e0eb308C USDXT 0xC1BF9854E43b84f3abec5f5d1C72F0a6f602034b OCTIX 0x42bAcAaE1D28b3310a4415cb1684491A2fdcC65E

COUNTERPARTIES

XFT: 0x2f572059DbC598C8acfeA4AF06FE4f7669D1b3b1 Octagon: 0x82fcEd3D9D0CC5e770C00a3763354B76AF140546 Investor: 0xE4e26f8B4C69E554a113880cF40D21ca70d51e0a

INSTANT REDEMPTION

1 Investor requests redemption from OCTAGON 2 OCTAGON notifies XFT 3 XFT initiates escrow mint via swap.connect(admin).initiateEscrowMint() 4 Investor deposits OCTIX and gets USDXT 5 XFT releases escrow as OCTAGON pays USD

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Why XFT initiates?

Only ADMIN_ROLE can call initiateEscrowMint() XFT has admin role in the contract XFT decides when to offer instant redemptions XFT controls the minting of USDXT backing

Admin = XFT = Payment stablecoin issuer

ISSUE

Release escrow burns tokens. I want to send them to wallet.

Investor deposits 100 OCTIX → Escrow holds 100 OCTIX Octagon pays $25 → XFT releases 25 OCTIX to Octagon wallet Octagon pays $35 → XFT releases 35 OCTIX to Octagon wallet Octagon pays $40 → XFT releases 40 OCTIX to Octagon wallet

XFTAssetSwaps_V4.sol ABI

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