Softseco operates a zero-cost liability model. Mint and redeem are 1:1, with no protocol fees. All revenue accrues from yield on reserves backing the float — a model that scales linearly with TVL.
Phase 1 (2026) is grant-led: Solana Foundation, Superteam Earn, PARP Eastern Poland Startup Platform, and EU public funding instruments. Equity is contemplated only where it accelerates an audit, an EMI authorization, or an institutional partnership.
Grants: Solana Foundation, Superteam, PARP. SDK release. Incorporation in Poland.
NCBiR, EIC Accelerator, Eurostars. Devnet, first audit. Senior engineer hire.
Strategic equity if required for capital adequacy. EMI application submitted to KNF.
At the target blended reserve yield of approximately 5.8% net annualized, revenue scales with total value locked while the fixed cost base remains roughly flat.
| TVL | Gross reserve yield (5.8%) | Operating cost | Net annual revenue |
|---|---|---|---|
| $10M | $580K | ~$150K | ~$430K |
| $100M | $5.8M | ~$450K | ~$5.4M |
| $500M | $29M | ~$1.65M | ~$27.4M |
| $1B | $58M | ~$3.15M | ~$54.9M |
| $10B | $580M | ~$30.15M | ~$550M |
These figures are illustrative, not projections or guarantees. Actual outcomes depend on TVL achieved, prevailing reserve yields, and operating execution. See whitepaper Section 6 and Section 11.
Under MiCA Article 22(4), holders of an E-Money Token cannot receive interest, yield, or distributions related to their holding. eUSD is structured as electronic cash, not as an investment. Yield on reserves accrues to Softseco as the issuer.
Yield above the 100% backing buffer is routed to a Surplus Investment Vault for balance-sheet diversification — Bitcoin, gold, broad equity exposure, subject to EMI prudential rules. The vault is structurally separate from the reserve.
Whether you're a grant program, a strategic LP, or a future institutional signer, Softseco's founding team is available for conversations.