AGX · Platform infrastructure

The Treasury Desk

A business's idle treasury, put to work — in short-duration money-market first, with a small growth sleeve only where it's eligible. You sign; a capped contract trades; the Desk never holds your funds.

Runway-first
reserve stays liquid
Owner-signed
EIP-712, per trade
Non-custodial
funds never leave you
No model in the money path
deterministic optimizer

How a treasury desk thinks

This is cash management, not a portfolio. The job is to protect the runway a business needs to operate, then earn a return on whatever is genuinely idle — in that order.

1 · Protect the runway

Months of burn are held in tokenized money-market instruments that stay liquid. That reserve is ring-fenced before anything else is considered — a hard floor, enforced in code.

2 · Put the excess to work

Only the surplus above the runway floor is allocated — mostly more short-duration yield, and, for eligible non-US accounts, a small equities/commodities sleeve as a growth and inflation hedge.

3 · You decide, code executes

The Desk drafts; you approve one trade with one wallet signature; a capped on-chain executor makes it and re-checks every bound. No discretionary trading, ever.

Market context

The Desk works with tokenized real-world assets — the same instrument classes institutions use for treasury, now settling on-chain. Tokenized U.S. Treasury and money-market products are among the fastest-growing real-world-asset categories on public chains, and this is their anchor use case: idle balances earning short-duration yield with on-chain liquidity.

Tier S Money-market — capital preservation

Tokenized short-dated U.S. Treasuries and money-market funds. Yield-bearing, low volatility, built to hold value. The core of any treasury.

Real-world analogues: Ondo OUSG & USDY, BlackRock BUIDL, Franklin BENJI.

Eligibility: accredited / qualified accounts — US persons included (the Ondo posture).

Representative yield illustrative: ≈ prevailing short U.S. T-bill rate (~4–5% p.a.).

Tier F Growth sleeve — non-US only

Tokenized single-name equities and gold. No yield; higher volatility; held in small size as a growth and inflation hedge, never as the core.

Real-world analogues: Backed / xStocks (tokenized equities), PAXG & Tether Gold.

Eligibility: non-US, jurisdiction-allowlisted accounts only.

Return character illustrative: capital growth / hedge — not income.

What the testnet mock assets track

Mock assetTierTracks (public price proxy)Role

Testnet uses mock ERC-20s priced off public proxies so the whole draft → sign → execute path is exercisable end-to-end with zero real-value exposure. Yields and figures above are representative, for orientation only.

The Desk

Enter a treasury position and an account's eligibility. The Desk drafts a runway-first allocation for you to review and sign.

Wallet: not connected

1 · Put idle treasury to work

The safety model

One idea does the work: you sign exactly what executes. Everything else is there to make that signature safe.

Capped on-chain executor

Per-trade cap, rolling daily cap, asset allowlist and slippage bound are enforced in the contract — set in code, not by any model, and re-checked at execution against the exact trade you signed.

Eligibility, fail-closed

The Ondo-style tier matrix is enforced before a plan is drafted and carried into what you sign. Any ambiguity resolves to no tier, no trade.

Non-custodial by construction

The Desk drafts what your own wallet signs and your own executor runs. It never takes custody of, or moves, your funds.

Deterministic, auditable

The allocation comes from a deterministic CVaR optimizer — no LLM anywhere in the money path. The runway floor, the weights, the trade, and the hash are all reproducible.