One of the primary benefits of digital asset issuance is democratizing access to fundraising opportunities for small to medium size enterprises (SMEs). By using blockchain based digital securitization, SMEs and other low-cap market participants can get access to capital from a global investor audience within a regulated digital asset venue at a fraction of traditional issuance costs. Consequently, issuers can increase margins while helping contribute to competitive free market conditions that yield innovation.
Costs of Issuance
Current financial infrastructure that facilitates issuance is restrictive in nature and could be considered anti-competitive. Administrative costs result from numerous manual processes and inefficient data flow. These costs in traditional issuance outlets are passed down to the issuer and investors. …
The SVX token leasing market is live. You can use the market to lend or borrow SVX token utility. Before getting started we encourage you to familiarize yourself with the platform by reading this article and asking us questions. You can also watch the video in this article to get an idea of the basics and underlying mechanics of pool markets on Chintai.
To get started leasing or borrowing SVX, visit the exchange. We look forward to watching how the new token leasing market can unlock efficiencies for the SOV community.
SOV and SVX
SOV launched in 2019 as a “Store of Value” (SOV) currency. SOV uses a deflationary burn mechanism that is activated during every transfer. Each SOV transfer also allocates SVX (i.e. SVX is mined when transferring SOV). The project launched a non-custodial DEX which services EOS tokens. The SVX token was introduced with the DEX. SVX tokens can be staked to reduce fees and increase mining allocation when transferring SOV. By using Chintai, SOV users can increase their allocation of SVX when making SOV transactions and reduce their fees on the SOV DEX. …
To Participate in Smart Matching deposit CHEX and then lend CHEX in the leasing pool.
Chintai token leasing markets are based on a unique feature of EOSIO technology that enables token utility to be decoupled from token ownership. Being able to delegate token utility from one account to another without transferring token ownership has unlocked the possibility of servicing numerous token utility rental markets. Token owners can lend their token utility for a fee to users who can benefit from borrowing. This is the same concept as renting a car without transferring the title.
History of Token Leasing
After launching the first high performance token leasing market in 2018 for EOS utility (CPU/NET), Chintai built a foundation for leasing any token. Five token leasing markets are live, including EOS, WAX, BOID, DAPP and CHEX. The sixth token leasing market for SOV is expected in Q4 2020. …
The rise of decentralized finance (Defi) applications is in full swing. Every protocol from Ethererum to EOS has seen an explosion of new DeFi projects trying to capitalize on the hype. While some projects have shown credibility, there have been numerous hacks, critical bugs and exit scams that have resulted in major losses for investors.
While it’s likely that a small number of credible projects will emerge from the recent DeFi craze, we believe regulated DeFi has a much larger role in the transformation of the global financial system. It’s commonly asserted that “regulated DeFi” is an oxymoron. …
Summary
- WAX Token Leasing is LIVE
- “Pool market” — deposit WAX tokens and receive CWAX
- CWAX can be redeemed at any time to receive original deposit, plus borrowing fees.
- Borrowing fees are added to the pool and distributed to lenders.
- If a lender deposits 1% of total pool, they will receive 1% of total borrow fees.
- Does not include GBM for lenders.
- The price of CWAX can ONLY go UP. You cannot lose when lending.
- Price changes for borrowers based on bancor style curve. e.g …
The DAPP token leasing market is live. You can use the market to lend or borrow DAPP token utility. Before getting started we encourage you to familiarize yourself with the platform by reading this article and asking us questions (here). To get started leasing or borrowing DAPP, visit the exchange. We look forward to watching how the new token leasing market can unlock cost effective access to the DAPP network product suite. Thank you for using Chintai.
Tutorial and DAPP Token Leasing Overview
Why DAPP Leasing?
The DAPP network offers a variety of second layer scaling solutions that make building enterprise grade dApps easier. DAPP network Service Providers (DSPs) offer “packages” that developers can leverage to build their applications. In order to access DSP packages you must stake DAPP tokens. …
Summary tl:dr
- Scheduled Launch: Mid June 2020
- “Pool market” — deposit DAPP tokens and receive CDAPP
- CDAPP can be redeemed at any time to receive original deposit, plus borrowing fees
- Price changes for borrowers based on bancor style curve
- Stake to Chintai DSP
chintaidevopand lend simultaneously to earn double rewards - Chintai DAPP leasing market could be used cross-chain
The DAPP token leasing market will launch by mid June 2020. A tutorial article will be published in a separate article.
Token Leasing & The DAPP Network
The DAPP network offers a variety of second layer scaling solutions that make building enterprise grade dApps easier. DAPP network Service Providers (DSPs) provide “packages” for developers to utilize tools in the DAPP network. In order to access DSP packages you must stake DAPP tokens. …
Blockchain technology will indelibly change the global financial system by ushering in increasingly autonomous methods for issuance, management, and trading of securities. Fractional ownership, 24/7 markets, and depth of liquidity in historically illiquid asset classes are often cited as the notable potentials of tokenized securities. But encoded compliance controls that automate regulatory aspects of securities exchange are often overlooked — while everyone at a dance party is focused on the music, the floor and gravity usually goes mostly unnoticed.
To appreciate automated compliance and the impending evolution of our financial system, it’s important to understand some basics about existing securities law and notable processes that occur under the hood. …
Charm automates EOSIO resource allocation. No manual purchasing of CPU, NET, or RAM. Never run out of resources — even during periods of peak congestion. Every block, Charm checks your account to make sure you do not fall below a predetermined, self-selected threshold for each EOSIO resource. If your account falls below a given threshold, Charm will automatically purchase and replenish resources as needed.
Charm has been used by several dApps, including Chintai, NewDex, BetDice, Boid, and more. Tens of thousands of EOS has been staked on behalf of dApps and users and millions of transactions generated.
A new EOSIO dApp known as BlockBase started using Charm in an intriguing and elegant way to help a fundamental component of the network run smoothly. We briefly explore BlockBase and how Charm is perfectly suited for the use case. …
What started as a platform for leasing token utility has evolved into a multi-dimensional project that can change the foundation of global financial institutions. Chintai B2B technology can be white labeled to help institutional finance and enterprise easily leverage the advantages of blockchain technology. Similar to how a platform like Shopify offers the means for anyone to easily sell products in a custom storefront, Chintai provides compliance enabled infrastructure for financial institutions to support custom issuance, management, and trading of securitized assets on ANY blockchain.
Problems With Adoption
Blockchain based efficiency gains can profoundly change global financial systems. The current infrastructure is the equivalent of a fax machine when compared to the “smart phone” that is blockchain technology. The databases on which the world’s financial assets are stored and managed cause massive unnecessary overhead. Manual intervention is needed for everything from reconciliation between financial entities, execution of advanced payments, reporting, and much more. …
About
