{"data":[{"asset_id":"406","asset_version_id":"3998","address":"0x238a700ed6165261cf8b2e544ba797bc11e466ba","chain_id":1,"symbol":"mF-ONE","name":"Midas Fasanara mF-ONE Credit Fund","category":"rwa_credit","review_status":"reviewed","risk_score":5.13,"risk_tier":"Core","issuer":{"id":"fasanara","name":"Fasanara Capital","jurisdiction":"UK (FCA)","type":"asset_manager","website_url":"https://www.fasanara.com/"},"in_basket_a":false,"dimensions":{"issuer_custody":6.5,"reserve_transparency":6,"redeemability":null,"protocol_security":null,"liquidity":5.5,"credit_quality":5.5,"default_rate":5.5,"recovery_rate":5,"subadvisor_concentration":5,"redemption_terms":4},"institutional":{"regulatory_wrapper":"mica","regulatory_jurisdiction":"LI","kyc_gate":"kyc_required","custodian_name":"Fund-of-fund structure: Midas certificate wraps Fasanara F-ONE; F-ONE underlying uses institutional custodians not named on the wrapper page","auditor_name":"Not publicly disclosed on Midas wrapper listing","attestation_cadence":"monthly","redemption_window":"quarterly_window","aum_usd":69697457.45,"yield_pct":9.97,"duration_days":365,"currency":"USD","aum_native":null,"fx_rate_used":null,"fx_rate_at":null,"aum_usd_source":"native","yield_basis":"distribution_rate_ttm"},"data_provenance":[{"notes":"rwa.xyz: AUM $70,574,743; 7D APY 4.72%, 30D APY 9.97%; redemption fee 1.00%; inception 2025-06-20. Multi-strategy private-credit underlying.","source_url":"https://app.rwa.xyz/assets/mF-ONE","source_type":"aggregator","retrieved_at":"2026-05-06","document_hash":null},{"notes":"Issuer documentation: certificate structure, Liechtenstein FMA-approved EU prospectus (Midas Software GmbH base prospectus 17 Jul 2024), wraps Fasanara F-ONE fund + digital-asset delta-neutral sleeve + mTBILL liquidation pool.","source_url":"https://docs.midas.app/tokens/mf-one","source_type":"issuer_disclosure","retrieved_at":"2026-05-06","document_hash":null},{"notes":"Steakhouse risk write-up: discloses monthly subscription / quarterly redemption mismatch and Morpho repo design. Material liquidity risk in DeFi context — flagged in dimension scoring (redeemability=5.5).","source_url":"https://kitchen.steakhouse.financial/p/midas-fasanara-mf-one-in-morpho-onchain","source_type":"attestation","retrieved_at":"2026-05-06","document_hash":null},{"notes":"Independent reporting on F-ONE multi-strategy composition (fintech receivables, SME, real-estate-backed, delta-neutral crypto).","source_url":"https://www.theblock.co/post/360182/midas-tokenizes-fasanaras-f-one-fund-for-onchain-exposure-to-private-credit-digital-asset-strategies","source_type":"press_release","retrieved_at":"2026-05-06","document_hash":null},{"notes":"On-chain Ethereum address verification — issuer Midas Software GmbH.","source_url":"https://etherscan.io/token/0x238a700ed6165261cf8b2e544ba797bc11e466ba","source_type":"explorer","retrieved_at":"2026-05-06","document_hash":null}],"reviewed_by":"philidor-rwa-specialist","reviewer":{"slug":"philidor-rwa-specialist","name":"Philidor RWA Specialist","role":"asset_specialist","attested_at":"2026-06-15 17:11:38.167043+00"},"recorded_at":"2026-06-15 17:11:38.126002+00","freshness":{"last_refresh_at":"2026-06-16 06:52:50.835757+00","age_hours":0.2,"status":"fresh","last_status":"no_change"},"dependency_chain":[{"kind":"underlying_fund","layer":1,"symbol":"Fasanara F-ONE"},{"kind":"real_world_asset","layer":2,"symbol":"Multi-strategy private credit"}],"methodology_version":"v1.3","chain_overlay":{"multiplier":1,"bridge_centralization":10,"sequencer_centralization":10,"validator_set_size_score":10,"chain_age_score":10,"rationale":"L1 calibration anchor: PoS with ~1M+ validators, no sequencer concept, no canonical bridge dependency, 9+ years of uptime. Multiplier = 1.0 by construction."}}],"meta":{"page":1,"limit":20,"total":1,"totalPages":1}}