# FAQ

**What are structured notes?**\
Traditional finance, structured notes are  customised debt instruments that combine traditional fixed-income products (like bonds) with derivatives (such as options or swaps). Structured notes are designed to offer specific returns based on the performance of underlying assets (such as stocks, indices, interest rates, or commodities).  Superhedge's N-Vaults offer exposure to crypto underlying assets such as BTC/USD, ETH/USD...

**How do N-Vaults achieve 100% Principal-Protection?**\
By investing user deposits into on-chain zero-coupon instruments such as Principal Token ("PT")  by Pendle Finance.

**Do you plan to launch a utility Token?** \
Yes, SuperHedge plans to launch its utility and governance token ($SHG) in the next 12 months. The $SHG Token will empower users to participate in protocol governance, incentivise long-term participation, and unlock premium features.\
\
**Who are your backers?**\
SuperHedge is backed by leading VCs such as Antler, Arrington Capital, Borderless Capital, Monday Capital, Outlier Ventures and Paka Capital.&#x20;


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