Hold a diversified crypto asset basket in a single on-chain token.
Toknify (symbol: TOK10g) is a fully collateralized index token backed by BTCB, ETH, BNB, XRP, DOGE, SOL, XAU (Gold), and SPY (S&P) on BNB Smart Chain. Mint with deposits, trade on DEXs, or redeem any time for your pro-rata share of the underlying assets.
Think of it as a multi-asset ETF – rebuilt for DeFi.
What makes Toknify 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 brokerage account required.
- Redemptions pay out the actual basket (BTCB, ETH, WBNB, XRP, DOGE, SOL, XAU (GOLD), SPY (S&P)) – 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 USDT or USDC into the smart contract.
2. Get Toknify. The contract prices your deposit using Chainlink and mints Toknify equal to its USD value (1 Toknify ≈ 1 USD of the basket at mint time).
3. Redeem any time. Burn Toknify to receive your pro-rata share of each underlying asset.
Use cases
• Simple diversified exposure to major crypto assets
• Collateral in DeFi (lending, borrowing, structured products)
• LP pair (Toknify/USDT, Toknify/USDC) for fee-driven strategies
• On-chain treasury or index exposure for DAOs and protocols
How Toknify 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; Toknify is minted exactly to the USD value of the assets.
- Pro-rata redemption. When holders redeem, they receive their fraction of every asset in the basket, calculated from on-chain balances.
- Capped fees. The redemption fee is hard-capped in the smart contract and charged in Toknify, protecting holders from abusive changes.
Always-on smart contract access
Toknify 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 Toknify 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.
Toknify contract (BNB Smart Chain): 0xE56C60A768538d411C397E5ee2d813AA04F6f1c4 View on BscScan: https://bscscan.com/address/0xE56C60A768538d411C397E5ee2d813AA04F6f1c4
Tokenomics
Token standard
Toknify 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 Toknify is fully backed by a basket of BTCB, ETH, WBNB, XRP, DOGE, SOL, XAU (Gold), and SPY (S&P 500) 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 Toknify exactly equal to the USD value of the contributed basket at mint time (1 Toknify ≈ 1 USD of the basket upon mint).
Redemption logic
When holders burn Toknify, 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 Toknify and is hard-capped at the smart contract level. This prevents governance or operators from setting abusive fee levels.
Composability
Toknify is intended to sit at the base layer of DeFi stacks: LP pairs (Toknify/USDT, Toknify/USDC), lending collateral, structured strategies, and DAO treasuries seeking diversified crypto exposure.
The index is anchored to a single on-chain contract at View on Bscscan. 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 Toknify in simple terms?
Toknify is a single token that represents a diversified basket of ten 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 Toknify?
You deposit any mix of the stablecoin assets (USDT or USDC) into the smart contract. The contract prices your deposit with Chainlink oracles and mints Toknify to your wallet. To exit, you call redeem and burn Toknify 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 Toknify website or dApp is unavailable, the smart contract at 0xE56C60A768538d411C397E5ee2d813AA04F6f1c4 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 Toknify a regulated ETF or security?
No. Toknify is 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.
Toknify is DeFi infrastructure and does not constitute investment advice or a regulated financial product. Users remain fully responsible for their own risk management.