🪙Zero-Coupon Bond Tokenization

Enhancing Liquidity and Composability

Our protocol allows Zero Coupon Bonds (Lending positions) to be tokenized as ERC20 standard tokens, which is called ZCToken, and withdrawn from the platform.

The tokenization flows are the following.

• For token withdrawal:

• For token deposit

Each ZC token has a maturity, but if the maturity is 0, it becomes a ZC perpetual token. Generally ZC tokens are minted from FutureValueVault but ZC perpetual tokens are minted from GenesisValueVault. Please check the Genesis Value page for the reference.

Those token names and symbols are defined as follows: (example as March2024 expire)

Asset	ZC Token Name	ZC Token Symbol	ZC Perpetual Token Name	ZC Perpetual Token Symbol
ETH	ZC ETH MAR2024	zcETH-2024-03	ZC ETH	zcETH
WBTC	ZC WBTC MAR2024	zcWBTC-2024-03	ZC WBTC	zcWBTC
USDC	ZC USDC MAR2024	zcUSDC-2024-03	ZC USDC	zcUSDC
axlFIL	ZC axlFIL MAR2024	zcaxlFIL-2024-03	ZC axlFIL	zcaxlFIL

Metamask Symbol Name Convention with max 11 chars:(example as March2024 expire)

Asset	ZC Token Name	Metamask Symbol
ETH	ZC ETH MAR2024	zcETH24M
WBTC	ZC WBTC MAR2024	zcWBTC24M
USDC	ZC USDC MAR2024	zcUSDC24M
axlFIL	ZC axlFIL MAR2024	zcxFIL24M
FIL	ZC FIL MAR2024	zcFIL24M

MAR = M; JUN = J; SEP = S; DEC = D