Now quoting in 0–3 month Treasuries
For families who find 3.5% a little quiet
$SCAM is the household note priced against $SGOV, the token that tracks short-dated U.S. Treasury bills. Funds call those bills cash. We call the rest of the return “adjacency.”
Our internal model — the T-Bill Adjacency Multiplier — currently prints a coupon of 4,127%. That is not the T-bill. That is what happens when a T-bill is asked to try harder.
Prosperity desk
Enter what you can spare. The Bureau will apply the multiplier. Do not enter what you cannot spare. The desk cannot read that field.
Projected in twelve months
$10,318
Figure includes patriotism, momentum, and a rounding convention favorable to the reader.
Why the pair
Ordinary notes are priced in dollars, a currency people argue about. $SCAM is priced in $SGOV, a tracker of bills the government uses when it would like to look calm. If the calm paper inches up, your note inches with it. If the note itself becomes popular, the inch becomes a leap. That leap is the product.
SCAM note
Issue pending
SGOV quote
0x92fd66…86f9b50x92fd66527192e3e61d4ddd13322aa222de86f9b5
The Honorable Secretary. Forty-one years of service, several of them consecutive.
“I used to keep cash under the mattress. I still do. The mattress is simply more optimistic.”
R.H., household
“They said Treasuries were boring. They were right about the Treasuries.”
A widow in Ohio
“My advisor said 4,127% was not a real number. He still isn’t a real millionaire.”
Anonymous, for now
Households served · 1,488,013