Question 1

What is the Naira stablecoin (eNsc)?

Accepted Answer

eNsc is a stablecoin backed 1:1 by the Nigerian Naira, enabling secure, on-chain access to real-world assets like Nigerian Treasury Bills.

Question 2

How is eNsc backed?

Accepted Answer

Every eNsc token is fully backed by Naira reserves held in trust at regulated banking partners, with monthly attestation reports confirming both the T-Bill reserve position and the Naira reserve position against outstanding token supplies.

Question 3

What can I do with eNsc?

Accepted Answer

You can transact, invest, and save in a stable digital currency backed by the Naira. eNsc gives you access to tokenized fixed-income assets like the FGN Treasury Bills Vault, cross-border payments, and smooth integration with crypto wallets, exchanges, and merchants.

Question 4

How do I mint eNsc?

Accepted Answer

Sign in to the ProsperaVest app with your KYC-verified account, choose your source (NGN bank transfer, USDT, or USDC), and receive eNsc instantly to your self-custodied wallet on the chain you select.

Question 5

Can I redeem eNsc for Naira?

Accepted Answer

Yes. eNsc is redeemable 1:1 for Naira through the ProsperaVest platform. Submit a redemption request from your verified account and the equivalent Naira amount is paid to your linked Nigerian bank account.

Question 6

What are Treasury Bills (T-Bills)?

Accepted Answer

Treasury Bills are short-term debt instruments issued by the Federal Government of Nigeria through the Central Bank of Nigeria. They are considered among the safest fixed-income investments because they are backed by the full faith and credit of the sovereign.

Question 7

How do Treasury Bills work?

Accepted Answer

T-Bills are sold at a discount to their face value and redeemed at face value on maturity. The difference is the investor's return. Tenors typically range from 91 to 364 days.

Question 8

What are the benefits of investing in T-Bills?

Accepted Answer

T-Bills offer sovereign-grade safety, predictable returns, short tenors, and high liquidity. They are an established cornerstone of conservative fixed-income portfolios in Nigeria.

Question 9

What are tokenized Treasury Bills (T-Bills)?

Accepted Answer

Tokenized T-Bills represent fractional ownership of a pool of Federal Government of Nigeria Treasury Bills, issued on-chain as FGNTBILLs tokens. This lets investors access the same underlying instruments with smaller minimums and on-chain transparency.

Question 10

What are FGNTBILLs tokens?

Accepted Answer

FGNTBILLs are the on-chain representation of your share of the FGN T-Bills Vault. Holdings are reflected as FGNTBILLs in your wallet, with daily pro-rata accrual visible in the ProsperaVest dashboard.

Question 11

How long is the cool-down period?

Accepted Answer

The cool-down period for the FGN T-Bills Vault is 30 days from the date of subscription. During this period, early redemption is permitted but is subject to the platform's published early-exit terms.

Question 12

Who can invest in tokenized T-Bills?

Accepted Answer

Any KYC-verified ProsperaVest user that meets the platform's eligibility and jurisdictional requirements. Institutional and high-net-worth tiers have additional onboarding and reporting workflows.

Question 13

Is my investment secure?

Accepted Answer

The underlying Treasury Bills are sovereign-backed. Reserves are held with regulated banking partners. The platform publishes monthly attestation reports through the Transparency hub so the reserve position is independently verifiable.

Question 14

Is there a minimum investment amount?

Accepted Answer

Yes. The FGN T-Bills Vault is designed for accessibility with low minimums - the platform supports fractional ownership down to 0.1% units. Current minimums are displayed in the app during subscription.

Question 15

Can I exit my investment before maturity?

Accepted Answer

Yes. Early exit is available but is subject to a fee disclosed before you confirm the redemption. After the 30-day cool-down the standard redemption schedule applies.

Question 16

Are there penalties for early withdrawal?

Accepted Answer

Yes. Early withdrawal during the cool-down attracts the early-exit fee disclosed in your subscription confirmation. The fee compensates for the funding-mismatch cost of unwinding the position outside the standard tenor.

Question 17

How do I get started?

Accepted Answer

Create an account on ProsperaVest, complete KYC verification, fund your wallet via NGN bank transfer or stablecoin deposit, mint eNsc, and subscribe to the FGN T-Bills Vault - all from a single app.

Question 18

How do I sign up on ProsperaVest?

Accepted Answer

Visit the ProsperaVest app and complete the sign-up form. You'll be guided through identity verification (KYC), then onboarded to the products available in your jurisdiction.

Question 19

I'm having trouble uploading documents - what can I do?

Accepted Answer

Make sure your documents are clear, in colour, within the file-size limits, and in one of the supported formats (PDF, JPG, PNG). If the issue persists, contact hello@prosperavest.com with your account email and a brief description and our support team will assist.

Naira-Backed Stablecoin for Institutional Access to Real World Assets

Built for institutions, regulated funds, and high-net-worth individuals

FGN Tokenized Treasury Bills

Other Tokenized Fixed Income Assets

ENSC Converter

Key Features of eNsc

Stable & Secure

Regulatory Compliance

Real-World Assets

Daily Returns

Low Entry Barriers

Cross-border Efficiency

How eNsc Works

Minting eNsc

Asset Backing

Trading & Investment

1:1 Peg. Fully Backed. Transparently Verified.

1:1 Peg. Fully Backed. Transparently Verified.

All-in-one decentralized crypto trading platform

Stability

Security

Interoperability

Accessibility

Chains

Virtual or physical crypto card - it's your choice (coming soon)

Meet the team building a sustainable future.

RaheemAnikulapo Ibrahim

Alli AnikulapoRaheem

James O. Maduekeh

Get started with eNsc today!

Trusted collaborators and strategic partners

Everything you need to know.

Important regulatory disclosures

1:1 Peg. Fully Backed. Transparently Verified.