Profile
mF-ONE profile facts
Midas mF-ONE (mF-ONE) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar-denominated NAV.
- Collateral
- Fasanara F-ONE strategy exposure through Midas tokenized certificate rails, including fintech receivables, SME lending, real-estate-backed credit, and digital-asset strategies.
- Peg mechanism
- NAV-accreting Midas liquid-yield token; primary issuance and redemption occur through Midas permissioned rails rather than a fixed $1 peg.
- Jurisdiction
- Germany / Liechtenstein FMA (prospectus-approving authority only; issuer not FMA-licensed) / Midas Software GmbH's succeeding blockchain-based certificate programme prospectus was FMA-approved July 17, 2026 and is valid until July 17, 2027. Approval is not an issuer license. The October 2, 2026 review did not recover mF-ONE-specific final terms or establish this product's inclusion in the renewed programme; restricted U.S. distribution applies under the issuer's published eligibility terms.
- Proof of reserves
- Self-Reported PoR by Midas transparency dashboard and issuer disclosures Reserve source
- Contracts
- 1 deployment tracked across Ethereum.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
mF-ONE quick answers
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What is Midas mF-ONE (mF-ONE)?
mF-ONE is a Midas tokenized certificate wrapping Fasanara's F-ONE private-credit and digital-asset strategy; NAV-accreting, EEA-restricted rails. The static profile records its US Dollar-denominated NAV accounting mechanism as: NAV-accreting Midas liquid-yield token; primary issuance and redemption occur through Midas permissioned rails rather than a fixed $1 peg.
Is mF-ONE safe?
As of Nov 10, 2026, Pharos grades mF-ONE D (49/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs mF-ONE?
Pharos records mF-ONE's reserves in its review of Sep 14, 2026 as 100% Fasanara F-ONE private-credit and digital-asset strategy NAV. Reserve evidence: Self-Reported PoR by Midas transparency dashboard and issuer disclosures, latest period ending Sep 30, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can mF-ONE be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem mF-ONE?
Under the route Pharos reviewed on May 14, 2026, customers the issuer has verified can redeem mF-ONE at its net asset value. Settlement takes multiple days. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
