Interest-bearing bond asset
VSURE+1 represents an interest-bearing bond accepted into the QGP structure. Its bond asset supports the VSUREX reserve and provides additional collateral for VLRMx protection.
BOND TOKEN
VSURE+1 Bond Token
VSURE+1 is QGP's interest-bearing bond token on the XRP Ledger. It provides bond assets for the QGP reserve structure and collateral program.
Overview
VSURE+1 represents QGP's interest-bearing bond asset and supports QGP's collateral and reserve programs.
Opening price
USD 1,000 per token is the initial VSURE+1 denomination.
Bond income
VSURE+1 represents an interest-bearing bond. Bond income is distinct from insurance-premium income and follows the bond's governing payment schedule.
Collateral and reserve structure
VSURE+1 supports VLRMx protection and the separate VSUREX reserve. Each allocation serves a distinct purpose within QGP's structure.
VLRMx protection
VSURE+1 provides additional collateral for VLRMx protection. The recovery structure accesses the underlying shares first, then allocated VSURE+1 when the shares are insufficient.
Separate allocations
QGP maintains distinct VSURE+1 allocations for retained bond assets, VLRMx protection collateral and the VSUREX reserve. Insurance-allocated units are separate from the unencumbered VSURE+1 backing VSUREX.
Token details
VSURE+1 is an XRP Ledger issued currency from QGP.
USD 1,000
Opening price
Bond
Bond asset
QGP
Public issuer name
VSUREX
Related reserve token
XRPL identity and liquidity
QGP issuer details and VSURE+1/XRP market liquidity.
- Public display name
- VSURE+1
- Technical currency code
56535552452B3100000000000000000000000000- Issuer
rwWtDJiygeTscguTtcodMYgv2uhimYkHDE(QGP)- Network
- XRPL Mainnet. View token metadata.
- AMM account
ra8tipZG4A8ipXnTRWTEsHi8XEVDRpGd37- AMM pair / fee
- VSURE+1/XRP · 10 bps (0.10%)
- Launch pool liquidity
- 0.1 VSURE+1 and 74.019245 XRP; 10 bps (0.10%) trading fee.