Tokenize ECL via API
Ecolab Inc. as a 1:1-backed onchain ERC-20. Mint, redeem, and post as collateral with one SDK call. Mint and redeem are asynchronous via an on-chain order_id; the terminal action lands via settle(order_id) on the custodian cycle (T+1).
What Flo supports for ECL
Three primitives, one API key. ECLflows through the same path as the rest of Flo's tokenized equities universe.
Mint ECL →
Create tokenized ECL from stablecoin payment. Onchain delivery is instant; the broker buys the underlying Ecolab Inc. share at NYSE during market hours.
Redeem ECL →
Burn tokenized ECL and receive stablecoin. Flo Finance sells the underlying Ecolab Inc. share at the institutional custodian; your user gets stablecoin instantly.
Borrow against ECL →
Post tokenized ECL as collateral and borrow USDC/USDT up to 70% LTV. Liquidations route through the same custody pipe.
Mint tokenized ECL in one call
The same shape works for every ticker in the universe, swap the symbol and you're done.
// Mint tokenized ECL (Ecolab Inc.) — notional-in default
const mint = await flo.mint({
asset: "ECL",
notional_usdc: "1000.00", // pay-in. SDK derives min_quantity from quote * (1 + slippage_bps).
slippage_bps: 50, // 0.50%. Default if omitted.
settlement: {
currency: "USDC", // per-chain accepted set in /v1/chains
chain: 8453, // Base. EIP-155 integer chain ID.
wallet: userWalletAddress,
},
gas: { sponsor: "developer" },
});
// mint.status is "active" with mint.order_id set on chain (or "queued" out-of-session).
// ECL ERC-20 tokens land via settle(order_id) once the custodian leg confirms.
// Flo Finance holds the underlying Ecolab Inc. shares at an institutional custodian, 1:1.Comparable assets via Flo
Other materials and NYSE names supported by the same API.
ECL on Flo, common questions
Can I tokenize ECL via Flo?
Yes. ECL (Ecolab Inc.) is part of Flo's tokenized equities universe. A POST to /v1/mint with asset=ECL and a notional_usdc amount returns a tokenized ECL ERC-20 1:1 backed by Ecolab Inc. shares held at an institutional custodian by Flo Finance.
How is tokenized ECL backed?
Each onchain ECL token is 1:1 backed by a real Ecolab Inc. share held at institutional custodians by Flo Finance. Reserves are attested daily and published on /transparency/proof-of-reserves.
What is the settlement window for ECL?
Mint and redeem are asynchronous via an on-chain order_id. The create-order tx is atomic; the terminal action (live token mint or stablecoin payout) lands via settle(order_id) on the custodian cycle. NYSE settles T+1 in USD, so the custodian leg for ECL clears on that cycle.
Can I borrow stablecoins against ECL?
Yes. Tokenized ECL is collateral-eligible in the Flo borrow product as a large-cap equity, with a three-margin model — initial 70% (max LTV at open), maintenance 75% (alerts begin via borrow.maintenance_breach), liquidation 78% (keepers auto-close on a 30-second TWAP, no grace window). APR is a floating rate set by the pool's utilization curve (kinks at 75% and 90%). See /docs#borrow-overview for the full state machine.
Which chains is ECL deployed on?
Tokenized ECL is deployable on Base, Arbitrum, Ethereum. Pass the EIP-155 integer chain ID on the settlement object (8453 for Base, 42161 for Arbitrum, 1 for Ethereum). String slugs are not accepted on input; see /docs#rest-chains.
Ship tokenized ECL to your users
Mint, redeem, sandbox, and webhooks are free. No setup fee, no monthly minimum, no annual contract. Get an API key and mint your first tokenized ECL in minutes.