TOK5 · On-Chain Crypto Index

Own a diversified crypto basket in a single on-chain token.

TOK5 is a fully collateralized index token backed by BTCB, USDT, ETH, WBNB, and XRP on BNB Smart Chain. Mint with deposits, trade on DEXs, or redeem any time for your pro-rata share of the underlying assets.

Backed by
5 blue-chip assets
Mechanism
On-chain mint & redeem
Access
Permissionless · 24/7
Fully backed by real tokens
Chainlink-powered pricing
No centralized custodian

Think of it as an ETF – rebuilt for DeFi.

What makes TOK5 different from an ETF?

  • Assets are held directly in a smart contract – not by a bank or broker.
  • Anyone can mint or redeem from anywhere, no KYC or brokerage account required.
  • Redemptions pay out the actual basket (BTCB, USDT, ETH, WBNB, XRP) – not just cash.
  • Value is governed by code and Chainlink oracles, not fund managers.

How it works – in 3 steps

1. Deposit basket assets. Send any mix of BTCB, USDT, ETH, WBNB, and XRP to the smart contract.

2. Get TOK5. The contract prices your deposit using Chainlink and mints TOK5 equal to its USD value (1 TOK5 ≈ 1 USD of the basket at mint time).

3. Redeem any time. Burn TOK5 to receive your pro-rata share of each underlying asset in the basket.

Use cases

• Simple diversified exposure to major crypto assets
• Collateral in DeFi (lending, borrowing, structured products)
• LP pair (TOK5/USDT, TOK5/BNB) for fee-driven strategies
• On-chain treasury or index exposure for DAOs and protocols

How TOK5 stays fully backed

  • On-chain reserves. All backing assets live inside the smart contract. Anyone can verify balances at any time.
  • Oracle-based minting. Deposits are priced using live Chainlink price feeds; TOK5 is minted exactly to the USD value of what was deposited.
  • Pro-rata redemption. When holders redeem, they receive their fraction of every asset in the basket, calculated from on-chain balances.
  • Capped fees. Redeem fees are hard-capped in the contract to protect holders from abusive changes.

Always-on smart contract access

TOK5 is implemented as an immutable smart contract on BNB Smart Chain. Even if the website or front-end dApp is unavailable, the contract itself remains live and accessible on-chain. You can always interact with TOK5 directly through any BSC-compatible wallet or via the contract page on BscScan by connecting your wallet under the "Write Contract" tab to mint, redeem, or inspect the state of the index without relying on any specific interface.

TOK5 contract (BNB Smart Chain): 0xd51A67cdb137241764a8994bCedd7d242b2Ed2e5 View on BscScan: https://bscscan.com/address/0xd51A67cdb137241764a8994bCedd7d242b2Ed2e5

Tokenomics

Token standard

TOK5 is an ERC-20 index token deployed on BNB Smart Chain (BEP-20 compatible), designed to plug directly into DeFi protocol integrations.

Backing & collateral

Each TOK5 is fully backed by a basket of BTCB, USDT, ETH, WBNB, and XRP held inside the smart contract. Supply expands or contracts purely based on on-chain deposits and redemptions.

Minting logic

Deposits are priced in USD using Chainlink price feeds. The contract mints TOK5 exactly equal to the USD value of the contributed basket at mint time (1 TOK5 ≈ 1 USD of the basket upon mint).

Redemption logic

When holders burn TOK5, they receive their pro-rata share of each underlying asset. No withdrawal of basket assets is possible outside the redemption flow defined in the contract.

Fees

The redemption fee, if enabled, is taken in BNB and is hard-capped at the smart contract level. This prevents governance or operators from setting abusive fee levels.

Composability

TOK5 is intended to sit at the base layer of DeFi stacks: LP pairs (TOK5/USDT, TOK5/BNB), lending collateral, structured strategies, and DAO treasuries seeking diversified crypto exposure.

The index is anchored to a single on-chain contract at 0xd51A67cdb137241764a8994bCedd7d242b2Ed2e5. All supply, backing, and fee mechanics are enforced by this contract, and can be monitored transparently via BscScan or any compatible BNB Smart Chain explorer.

FAQ

What is TOK5 in simple terms?

TOK5 is a single token that represents a diversified basket of major crypto assets on BNB Smart Chain. Instead of holding multiple coins separately, you hold one on-chain index token that can be minted and redeemed at any time.

How do I mint and redeem TOK5?

You deposit any mix of the supported basket assets (BTCB, USDT, ETH, WBNB, XRP) into the smart contract. The contract prices your deposit with Chainlink oracles and mints TOK5 to your wallet. To exit, you call redeem and burn TOK5 to receive your exact pro-rata share of each underlying asset back.

What happens if the website goes down?

The protocol lives entirely on BNB Smart Chain. Even if the TOK5 website or dApp is unavailable, the smart contract at 0xd51A67cdb137241764a8994bCedd7d242b2Ed2e5 remains live. You can connect your wallet on BscScan, use the "Read" tab to verify reserves, and the "Write" tab to mint or redeem directly.

Is TOK5 a regulated ETF or security?

No. TOK5 is an experimental DeFi primitive, not a regulated fund, ETF, or security. It is designed for on-chain composability and transparent collateralization, and users should only participate with amounts they can afford to lose.

TOK5 is experimental DeFi infrastructure and does not constitute investment advice or a regulated financial product. Users remain fully responsible for their own risk management.

TOK5 — On-Chain Redeemable Crypto Index

TOK5 is an ERC-20 index token on BNB Smart Chain backed by a basket of BTCB, USDT, ETH, WBNB, and XRP. The smart contract accepts deposits of the underlying assets, mints TOK5 against their USD value using Chainlink oracles, and allows holders to redeem TOK5 for a pro-rata share of the basket at any time.

1. Problem

Traditional ETFs are powerful, but centralized: access is gated by brokers and jurisdictions, settlement is slow, and redemptions are cash-only. In DeFi, users want transparent, permissionless index exposure that can plug directly into smart contracts as collateral.

2. Solution

TOK5 behaves like an ETF rebuilt for DeFi: fully on-chain reserves, oracle-based pricing, instant mint and redeem, and direct payout in the underlying assets. Anyone can verify collateral, anyone can participate, and anyone can integrate TOK5 as a building block in their own protocol.

3. Asset basket

The initial basket is composed of five liquid assets on BNB Smart Chain: BTCB, USDT, Binance-Peg ETH, WBNB, and XRP. All reserves are held by the immutable smart contract.

4. Minting mechanism

• Users deposit any mix of the five basket tokens into the contract.
• For each deposit leg, the contract queries a Chainlink USD price feed and computes a USD value.
• The sum of all legs defines the deposit value in USD (18-decimals).
• The contract mints exactly that amount of TOK5 to the depositor (1 TOK5 = 1 USD unit at mint time).

5. Redemption mechanism

• Holders call redeem(amount) to burn TOK5.
• The contract calculates the user's fraction of total supply (amount / totalSupply).
• For each basket asset, the contract transfers that fraction of its on-chain balance to the redeemer.
• A capped redeem fee, if enabled, is paid in BNB to the fee receiver address.

6. Governance & safety

• The contract owner can adjust the redeem fee only up to a hard cap.
• Basket assets cannot be withdrawn via the rescue function; only unrelated tokens can be recovered.
• Chainlink oracle results are checked for freshness (max delay) and for valid rounds to reduce oracle risk.
• ReentrancyGuard protects mint and redeem flows; token transfers use SafeERC20.

The TOK5 index is anchored to a single on-chain contract deployed on BNB Smart Chain at 0xd51A67cdb137241764a8994bCedd7d242b2Ed2e5. Even if the primary interface is offline, users can still read state, verify reserves, and interact with the protocol directly via the contract page on BscScan (using the "Read Contract" and "Write Contract" tabs with a connected Web3 wallet), or through any compatible BSC dApp browser.

7. Use in DeFi

TOK5 is designed to be composable: it can be paired in DEX liquidity pools (e.g. TOK5/USDT, TOK5/BNB), used as collateral in lending markets, or embedded into structured products, automated vaults, and DAO treasuries as an on-chain index primitive.

8. Risks

Key risks include smart contract bugs, oracle outages or manipulation, underlying asset risk, chain congestion, and liquidity risk in external DEX pools. TOK5 is not a regulated security or fund. Users should only interact with amounts they can afford to lose.

TOK5 Basket

1 TOK5 tracks a basket of TCB, USDT, ETH, BNB, XRP.
Connect wallet to view balances.
Your TOK5 balance
Portfolio value (USD, oracle)
Deposit basket token
Choose which token to deposit. Your wallet must approve that token to this contract.
Est. TOK5 minted ≈ USD value of deposit (via oracle).
Redeem TOK5
You receive all 5 basket tokens pro-rata. A BNB redeem fee may apply.
Redeem fee: loading…