Olivetree

Olivetree brings the fixed-rate annuity structure on-chain as a savings product, using stablecoins as the funding rail and sourcing yield from insurer balance sheets rather than from on-chain lending rates. Subscribers deposit USDC or USDT and receive a fixed-rate long-duration income right, the asset side is carried by a book of insurance liabilities, distribution runs through an API, and the legal structure sits in the Cayman Islands, with subscriptions and redemptions processed on the cycle set by product terms.

It addresses the duration mismatch faced by stablecoin holders: on-chain rates swing with funding supply and demand and are hard to use for matching long-dated liabilities, while traditional annuities carry high minimums, slow settlement and difficult cross-border onboarding. Olivetree carves a slice of the insurer's duration premium and sells it to on-chain capital at a fixed rate, with the spread coming from the difference between underwriting returns and funding cost and the risk absorbed by the insurance balance sheet rather than by an on-chain liquidation engine. It is described as a DeFi annuity and competes with lending protocols for the same capital seeking certainty.