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Grant AtlasCanton Development Fund
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Proposal: D2 Finance Ether.fi - SPX Premium Skew RWA Strategy & Vault

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Abstract

D2 Finance and Ether.fi propose to deploy the first institutional-grade, uncorrelated RWA yield strategy on the Canton Network — the SPX Skew Premium RWA Strategy — systematically harvesting S&P 500 volatility risk premium targeting 7–12% gross annual yield, entirely uncorrelated with DeFi rates. The proposal requests $225,000 fixed + up to $166,667 variable performance cushion + optional $100,000 extension, structured across 5 milestones from legal setup through live $50M pilot deployment to full RWA tokenization.

Milestones

TitleDue dateTargetAmount (CC)
MVP Architecture — Legal, Prime Broker & Smart Contract Foundation
Proof of Concept Initiation — On-Chain Infrastructure Build & $50M Live Deployment
Proof of Concept Validation — 6-Month Testing Period with Tiered CC Yield Rewards
Productized Vault — Canton Ecosystem Access & Featured Application
SPX Skew Trade Tokenization (Optional Extension)
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% if all RFV pass
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