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allows Zero Coupon Bonds (Lending positions) to be tokenized as ERC20 standard tokens, which is called ZCToken, and withdrawn from the platform.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

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

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

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Last updated 3 months ago