Brix
Overview
What is Brix?
Brix (brix.money) brings Turkish Lira money market yields onchain through the iTRY stablecoin and its yield-bearing staked wrapper wiTRY, with Ethereum as the settlement layer and MegaETH as its DeFi chain.
How does Brix work?
Whitelisted participants mint and redeem iTRY against collateral; holders stake iTRY into an ERC-4626 vault to receive wiTRY, which appreciates as money market fund yield is minted into the vault.
Who governs Brix?
Brix is a BVI-based issuer of emerging-market currency stablecoins, starting with iTRY, a Turkish Lira stablecoin backed by tokenized Turkish money market funds.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.
