Tizi

Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.

Tizi accepts USDC through its Base main vault, issues dollar-targeting TD, and lets holders stake TD for appreciating ERC-4626-style stTD while managers deploy collateral across chains and yield strategies. DefiLlama measured $223,469 on Base on 2026-08-16, only 0.22% of the $100M floor. The file remains rejected on materiality before manager, bridge, strategy, NAV, negative-rebase, and queued-redemption risks can support an advised allocation.

Kill criteria: the events that revoke this verdict
• TVL sustained above $100M for 30 days

The research file

Mechanism applicability

Users deposit USDC and delegate strategy selection to Tizi. TD targets a 1:1 USDC value, while stTD represents staked TD and grows through a seven-day release of reported gains; losses can instead burn TD and reset netAssets to reported NPV. The docs expressly pass the risks of every collateral protocol through to holders.

Control and cross-chain applicability

A Manager moves USDC among internal contracts, chains and strategies, harvests rewards, and manages liquidity. A Strategy Manager controls self-built strategies, an Attester validates cross-chain messages, and a multisig System Admin appoints roles and changes important parameters. Timelocks for new strategies create notice, not holder control over execution.

Exit applicability

Unstaking stTD requires seven days before TD is claimable. TD targets 1:1 withdrawal into USDC, potentially with a fee, but an insufficient Base reserve produces a transferable TUWT queue NFT until managers rebalance cross-chain or strategy assets. The stated normal 24-hour expectation is not a guaranteed stressed-exit deadline.

Why the dossier still applies

DefiLlama measured $223,469 against the Base main-vault accounting perimeter on 2026-08-16, 0.22% of the $100M floor. Reopen only after TVL stays above $100M for 30 days, then reconcile cross-chain assets and liabilities, verify NPV and loss recognition, map privileged roles and bridges, and stress the seven-day stTD plus TUWT redemption sequence at proposed size.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

• Tizi Docs — Tizi money assets · primary · accessed 2026-08-16
  Supports: USDC deposits, delegated strategy selection, collateral-protocol risk
• Tizi Docs — stTD · primary · accessed 2026-08-16
  Supports: ERC-4626-style shares, seven-day unstaking, NPV gains and losses
• Tizi Docs — TUWT withdrawal claim · primary · accessed 2026-08-16
  Supports: insufficient-reserve queue, cross-chain unwind dependency, transferable withdrawal NFT
• Tizi Docs — privileged roles · primary · accessed 2026-08-16
  Supports: Manager powers, multisig System Admin, Attester and Strategy Manager
• Tizi Docs — strategies · primary · accessed 2026-08-16
  Supports: cross-chain MainVault and SubVault, strategy operations, new-strategy timelock
• Tizi Docs — protocol audits · primary · accessed 2026-08-16
  Supports: January 2026 Beosin review, published audit record, contract scope
• DefiLlama — Tizi survey record · secondary · accessed 2026-08-16
  Supports: $223,469 TVL, Base accounting perimeter, yield-aggregator category

Inherited controls

The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.