Underlying asset
SIERRA
Issued by Sierra. The facts below were checked on the date shown, from the sources listed.
SIERRA is issued by Sierra. What stands behind it: a vault allocating to other venues. Only approved holders can redeem it; others leave by selling.
Facts
- Issuer
- Sierra
- What stands behind it
- a vault allocating to other venues
- Strategy
- a curated allocation across real-world assets and DeFi vaults, rebalanced to a published risk framework
- Valued in
- USD
- Position in the capital stack
- not a tranche
- Who has to keep a promise
- a manager off chain, code on chain
- Redemption
- redeemed only by approved holders; the issuer's stated worst case is 4 days
- Who can change it
- not named: the holder could not be read or found in the issuer's documents
- Audits
- Spearbit, 2025-08
- Bug bounty
- not found in a source that meets the standard
- Depends on
- none recorded
- Chains
- Ethereum
- Checked
- 2026-10-01, from the issuer's own documents
- Sources
- https://docs.sierra.money/building-with-sierra/minting-and-redeeming
https://docs.sierra.money/building-with-sierra/risk-framework
https://docs.sierra.money/building-with-sierra/legal-structure
https://docs.sierra.money/building-with-sierra/blockchain-addresses
https://docs.sierra.money/building-with-sierra/smart-contract-audits
Pendle markets on it
Live Pendle markets on this asset, as of 6 Oct 2026. Rates are not shown. Market data: Pendle.
| Chain | Maturity | Principal token |
|---|---|---|
| Ethereum | 2026-10-22 | PT-SY SIERRA-22OCT2026 |
Not found
What the research has not answered for this asset, said rather than left blank.
- Who can change its contracts.
- A public bug bounty programme.
- Incidents: this encyclopedia does not yet keep a record of incidents from primary sources.