# tDRIP Treasury Bills

<figure><img src="/files/t3sr2XF6A26CDYN1lKm4" alt=""><figcaption></figcaption></figure>

*TDrip has a 3% tax that is used to LP*

### **Minting TBills**

To mint a TBill, you'll start by depositing your chosen amount of PLS. You'll also set your preferred maturity date in terms of weeks. Please note that there is a 10% deposit fee associated with minting a TBill. However, this fee is gracefully waived for deposits of 20m PLS or more, providing an accessible entry point for all.

### **Earn with Longer Maturity**

The beauty of TBills lies in their flexibility. The longer your chosen maturity date, the higher your Annual Percentage Rate (APR) potential. It begins at 150% for a 4-week TBill and climbs all the way up to 400% for those with the foresight to embark on a 52-week journey.

### **Utilizing PLS Deposits**

With TBills, your PLS deposits take on a higher purpose. Here's how it breaks down:

\- 100% of your PLS deposits are utilized to buy and pair liquidity for tDrip, enhancing its trading ecosystem.

### **Transferable and Tradeable TBills: Unlocking New Possibilities**

One of the standout features of tDrip's Treasury Bills (TBills) is their inherent transferability and tradability as non-fungible tokens (NFTs) on the open marketplace. This unique attribute opens a world of opportunities and flexibility for our community.

**Imagine this scenario**: Your Treasury Bills (TBills), symbolizing the potential for passive TDrip earnings, can now be seamlessly traded or transferred. For instance, if you have a TBill staked for 6 months and it matures with 3 months remaining, you have the option to sell the TBill at a discount. The buyer can then enjoy the rewards once the remaining 3 months elapse.

<figure><img src="/files/UK8bAGgZdG7v6gLo5K0j" alt=""><figcaption></figcaption></figure>

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