Profile
AZND profile facts
Mu Digital AZND (AZND) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
- Collateral
- The last Accountable snapshot Pharos ingested showed the Asset Pool concentrated in short-term cash and liquid bonds; Mu Digital's published mandate still targets an Asia credit portfolio with illiquid private credit capped at 20%, and the muBOND junior tranche overcollateralizes AZND at ~118%
- Peg mechanism
- KYC-gated 1:1 mint using USDC, USDT, or AUSD; redemptions processed weekly (~7 calendar days) per Singapore fund liquidity calendar; muBOND junior tranche absorbs NAV losses first; insurance fund provides additional backstop; permissionless secondary swaps via DEX partners on Monad
- Jurisdiction
- Singapore / Monetary Authority of Singapore (MAS) / Portfolio managed by Golden Hill Asset Management (GHAM) under MAS Capital Markets Services Licence CMS-101035; assets held in a regulated fund vehicle
- Proof of reserves
- No proof-of-reserves entry in the static profile.
Source: Pharos registry profile fields. This inactive record does not participate in current live monitoring.
AZND quick answers
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What is Mu Digital AZND (AZND)?
AZND is Mu Digital's KYC-gated dollar token; users lock it in the loAZND vault for Asia credit yield, with muBOND absorbing first losses. The static profile records its US Dollar peg mechanism as: KYC-gated 1:1 mint using USDC, USDT, or AUSD; redemptions processed weekly (~7 calendar days) per Singapore fund liquidity calendar; muBOND junior tranche absorbs NAV losses first; insurance fund provides additional backstop; permissionless secondary swaps via DEX partners on Monad.
Is AZND safe?
Mu Digital AZND is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a Centralized (CeFi) governance model, Real-World Asset Backed backing, curated reserve profile, and notes that no direct freeze-control path sets the verdict under the reviewed deployment-materiality scope.
What backs AZND?
The archived Pharos profile records AZND's reserves as of Jul 28, 2026 as 100% GHAM-managed Asia credit Asset Pool. Reserve evidence: curated reserve profile. Pharos classifies the backing as Real-World Asset Backed.
Can AZND be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, no direct freeze-control path sets the verdict under the reviewed deployment-materiality scope. AZND is a frozen Pharos archive; the recorded history below is read-only.
