SukukFi Bond Tokens
On Berachain mainnet, pool shares are issued as duPRT, an ERC-20 token with 18 decimals. Product documentation may refer to these as SukukFi Bond Tokens. See the Glossary and Smart Contracts for addresses.
When you deposit stablecoins into a SukukFi pool, you receive duPRT representing your proportional ownership of that pool and your entitlement to profit distributions.
What duPRT does
- Profit participation: distributions accrue from actual business settlement, not interest or token emissions
- DeFi composability: post as collateral on compatible lending protocols, or provide liquidity on Kodiak once a pool exists
- Secondary liquidity (planned): a Kodiak AMM market would allow sales without waiting for a vault redemption. No duPRT pool exists today
- Full transferability: standard ERC-20, compatible with any wallet or protocol that accepts ERC-20 tokens
Token mechanics
- Each duPRT represents a fractional claim on the pool’s deployed capital and accrued profit share
- Profit accrues as the pool collects settlements; it does not compound automatically unless you reinvest
- Token value is not pegged; it reflects pool performance and deployment status