> For the complete documentation index, see [llms.txt](https://pulse-drip.gitbook.io/pulse-drip/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://pulse-drip.gitbook.io/pulse-drip/pulsechain/tdrip-treasury-bills.md).
# tDRIP Treasury Bills
*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.
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