How it works

Bundle the market. Ship a token.

Slate turns a basket of tokenized stocks into one token, backed 1:1 by the real assets and priced by live on-chain NAV. Anyone can mint it, redeem it or trade it 24/7 — and the creator earns a fee on every mint.

01 — the flow
01

Pick stocks

Choose any tokenized stocks and set their weights. NVDA 40, TSLA 30, SPY 30 — your call.

02

Mint the index

Deposit USDG. Slate buys the underlying stocks at your weights and mints your index token by NAV.

03

Trade 24/7

The index is a normal token: buy or sell it on-chain any time, or mint and redeem from the basket.

04

Redeem anytime

Burn the index, get the underlying stocks (or USDG) back 1:1. No lockup, non-custodial.

02 — the fees

Launch it once. Earn on every mint.

On every mint
Creator keeps70%
Protocol30%
On redeem
Back to holder100%
Exit fee0%
Every index is backed 1:1 by the real stocks. Redeem anytime, nothing locked.
03 — priced by NAV

Always worth its parts.

Every index is priced by live on-chain NAV — the sum of its stocks at their real Chainlink prices. Arbitrage pins the traded price to that value, so it can't drift from what it actually holds.

NVDA · 40%$0.42
TSLA · 30%$0.31
SPY · 30%$0.27
Index NAV= $1.00
04 — how it's built

Four small parts. Each one auditable.

A smaller, clearly separated system is easier to test, audit and pause. Slate is deliberately boring where it counts.

01

Factory

Deploys each index as its own token and registers it. Anyone can launch one; nobody can touch another's.

02

Basket vault

Holds the underlying stocks 1:1 and handles mint and redeem. Your token is always fully backed.

03

NAV oracle

Prices every basket from live Chainlink feeds, so mints and redeems settle at fair value.

04

Fee router

Splits each fee between creator and protocol. It can never touch the assets backing the index.

Every index is backed 1:1 by the real stocks it holds.
Redeemable any time — non-custodial, no lockups.
Priced by live NAV, so it can't drift from fair value.
Separated modules that can be tested, audited and paused.