Vault I
Open
- Cap
- $5M
- TVL
- $4.2M
- Yield
- 9.4%
Tokenised cat food pallets from 9 approved brands. Collateral held in certified warehouses. Yield paid on retailer settlement.
Realised
RWA · Tokenised private credit
Tokenised cat food pallets.Weekly yield.
Cats eat every day. Demand is predictable.
The protocol
Whiskerbank
Whiskerbank tokenises pallets of premium cat food in certified warehouses and pays yield from the supply margin when retailers settle.
- RWA
- Private credit
- Short-duration
- Inventory finance
$WHSK represents
- A share of vault deposits
- Realised yield from supply margin
- Claim on tokenised pallet collateral
- Redemption rights after settlement
Depositor
Why does cat food make good collateral?
Whiskerbank
Cats eat every day. Demand does not stop.
Vaults
Vaults
Vault II
Waitlist
- Cap
- $15M
- TVL
- $0
- Yield
- Target 8.5%
Expanded brand coverage and additional warehouse capacity. Waitlist opens when Vault I reaches cap.
Target
Process
How it works
01
Pallet tokenisation
Premium cat food pallets are purchased from approved brands and stored in certified warehouses. Each pallet is tokenised on-chain.
02
Collateral monitoring
Weight sensors and WMS webhooks track pallet status in real time. Collateral ratio maintained at ≥120% of vault deposits.
03
Retailer settlement
Retailers purchase pallets on 60-90 day terms. When they settle, the supply margin is realised and yield is distributed to vault depositors.
26 September 2026
Monthly bulletin
Realised figures. Not projections.
- 1,840 pallets tokenised to date.
- 14 retail partners. 0 defaults.
- Vault I approaching $5M cap.
- Average cycle: 63 days.
Monthly report
No. 07
TVL
$4,200,000
Realised net yield
9.4%
Average cycle
63 days
Defaults
0
Collateral ratio
122%
Management comment
“Yield is realised, not promised. We report what we hold.”
Team
The team
- AK
Aisha Khan
Founder & CEO
Former trade finance at €4B AUM fund.
Structured inventory deals in 12 markets.
- RC
Rafael Costa
CFO
Ex-Goldfinch credit committee.
8 years in private credit operations.
- SL
Sarah Liu
Head of Risk
Former Maple Finance risk lead.
Specialises in RWA collateral monitoring.
Reserves
Treasury
Vault assets are held in a public multisig. No single party can withdraw funds unilaterally.
- USDC deposits
- $4,200,000
- Pallet collateral
- $5,124,000
- Collateral ratio
- 122%
- Multisig signers
- 3 of 5
Security
Audits
Hollowpoint Security
Completed
- Date
- September 2026
- Scope
- Smart contract audit
Castellan Audits
Completed
- Date
- September 2026
- Scope
- Collateral verification
Collateral
Warehouses
RTM-01
Active
- Location
- Rotterdam, NL
- Pallets
- 620
LDZ-01
Active
- Location
- Łódź, PL
- Pallets
- 580
LYS-01
Active
- Location
- Lyon, FR
- Pallets
- 640