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Protocol Mechanics

Technical Mechanics

The protocol operates on the Ethereum, Solana and Base blockchain, utilizing its security and smart contract capabilities, For each asset, the protocol generates a unique smart contract that issues a standardized ERC-3643 token.

These are the self-executing digital contracts that form the backbone of any token. The smart contract is a piece of code deployed on the blockchain that defines the token's fundamental properties and rules, including:

  • Token Name, Symbol, and Total Supply: Basic identifiers for the token.
  • Transfer Logic: Functions that govern how tokens can be moved between addresses.
  • Compliance Rules: For security tokens, the smart contract can be programmed to enforce regulatory requirements, such as restricting transfers to only whitelisted, KYC-verified investors.
  • Corporate Actions: Logic for automating processes like dividend payments or voting rights can be coded directly into the contract.
  • On-Chain Registry (Whitelist): To ensure compliance, especially for security tokens, an on-chain registry is often maintained. This is essentially a list of Ethereum addresses that have been verified (e.g., through KYC/AML checks) and are authorized to hold and trade the token. The smart contract will reference this registry before permitting any transfer, automatically blocking transactions with non-authorized addresses.

This standardized approach ensures a transparent and replicable digitization process across all assets within the ecosystem. The protocol also embeds a 0.5% transaction fee on all secondary market transfers tokens, which is paid by the buyer and automatically distributed to network stakeholders, creating a built-in incentive layer.

Multi network availability

The protocol operates on the Ethereum, Solana and Base blockchain