General Questions
What is SukukFi?
SukukFi is a credit marketplace. Telecom technology companies borrow working capital to fund supplier invoices. DeFi depositors supply that capital and earn a share of the profit when buyers settle. Every instrument is secured against the borrower’s live invoice flow, not promises or token emissions.
How does SukukFi work?
A telecom technology company sells voice minutes, SMS, or data to a creditworthy buyer, such as a Tier-1 operator, hyperscaler, or government department, on 30-90 day payment terms. SukukFi advances stablecoins to pay the supplier upfront. When the buyer settles, the margin between advance and collection is distributed to depositors as profit share.
What is a SukukFi Bond?
When you deposit stablecoins into a SukukFi pool, you receive a bond token representing your share of that pool (e.g. duPRT for the PrimeTel vault). The token earns profit distributions as deals settle. It is also composable: you can use it as collateral in DeFi without exiting your position. A Kodiak market is planned but not yet live.
What makes SukukFi different from other DeFi protocols?
- Yield comes from invoice settlements, not token inflation or debt interest.
- Smart contracts sit inside the operational systems telecom companies already use; they control fund flows through each deal chain, not just custody collateral.
- Bond tokens are composable: tradeable on secondary markets and usable as DeFi collateral.
- Targets DAOs, crypto funds, and qualified investors who want yield uncorrelated to crypto prices.