PCREDSS

Private creditLive

Tokenized Senior secured private credit program

Senior-secured private credit, the highest-margin asset class on the platform.

See PCRED-SS on /markets →Underlying ticker: PCRED-SS

Key facts

On-chain symbol
PCREDSS
Underlying
PCRED-SS
Asset class
Private credit
Custody
Held at Flo Finance
Chains
Base, Arbitrum, Ethereum
Distribution treatment
Coupon reinvested to NAV
Attestation cadence
Monthly
Issuer
Flo Finance
Backing
1:1 backed by the real underlying

How PCREDSS resolves to PCRED-SS

Each PCREDSS on-chain represents a 1:1 claim on the underlying Senior secured private credit program held at an institutional custodian. The issuer and backing model are the same for every Flo token; only the underlying differs.

  1. 01

    Issuance

    Flo Finance issues PCREDSS as a tokenized Senior secured private credit program, 1:1 backed by the real underlying.

  2. 02

    Custody

    The underlying Senior secured private credit program is held at Flo Finance, an institutional custodian.

  3. 03

    Settlement

    PCREDSS settles on-chain on Base, Arbitrum, Ethereum. Cross-chain transfers route through Chainlink CCIP.

  4. 04

    Attestation

    Reserves are attested monthly by an independent auditor and published on the Flo transparency surface.

Mint PCREDSS with one SDK call

Every Flo-issued token shares the same six SDK methods. Mint, redeem, supply, withdraw, borrow, repay.

POST /v1/mint

{
  "asset": "PCRED-SS",
  "notional_usdc": "1000.00",
  "slippage_bps": 50,
  "settlement": {
    "currency": "USDC",
    "chain": "base"
  }
}

Where PCREDSS lives today

Flo distributes through partners. The same PCREDSS on-chain is the asset every partner integrates against; partner UIs may relabel it for their own brand.

Partner integrations in build

No live partner is distributing PCRED-SS yet. Twelve integrations are in build across exchanges, wallets, fintechs, neobanks, and asset managers. Partners are listed here only after they ship.

Audits

Four independent firms, $250K bug bounty

Sherlock, Halborn, Cantina, and Cyfrin have audited the smart contracts that issue and settle PCREDSS. The same contracts power every Flo-issued token; one audit covers the catalogue.

Read the audit reports →

Backing

1:1 backed by the real underlying

PCREDSS is issued by Flo Finance and 1:1 backed by real Senior secured private credit program held at institutional custodians. Reserves are attested monthly and published on the Flo transparency surface.

Open the transparency page →

Risks

PCREDSS carries the market risk of the underlying Senior secured private credit program, plus the structural risks common to every tokenized asset: custody concentration, smart-contract risk, and oracle dependency. Read the full risk disclosures on the Flo transparency surface before integrating or holding.