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.