What Are CT-tokens?
Confirmation Tokens (CT-tokens) are off-chain receipts issued by 8lends that represent a lender’s claim on all cash flows returned by a project:
Principal
Interest
Any late-payment penalties (See Penalties)
Collateral proceeds in the event of default (see Default)
They exist solely within our platform (no on-chain claiming) and trade peer-to-peer on an internal secondary market.
Each CT-token carries a fixed face value (e.g. 1, 10 or 100 units) and a unique ticker embedding: $CT_<PoolID>_<FaceValue>_<DDMMYY>_<Priority>
For example, $CT_ProjectX_10_010726_High denotes 10 USDC due on July 1 2026 at High subordination.
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