Vault Mutual funds Token Economic DAO(Decentralized Autonomous Organization)
Any On-chain collateral asset has its credit value inside which has not been fully discovered till now. That’s the birth of the Claim. Users On-chain interactions with DeFi protocols that are verified by the Claim DAO, will receive an amount of $cUSD as credit notes to maximize capital efficiency.
Claim will follow the DAO(Decentralized Autonomous Organization) rule, with the community fully in charge of the development.
The basic architecture is as follows:
After the user deposits the assets in the vault, the Vault contract will aggregate the user assets and search for the best profit strategy in the market for investment. At the start of the launch, it will support the current representative stablecoin of Ethereum DeFi— $Dai as investable assets. Vault mines stablecoin cUSD in a 1:1 ratio after accepting deposits, and users are supported to redeem $Dai in the vault in the same proportion.
Mutual fund pool is responsible for controlling the distribution of the income from the vault. At the start of the launch, Mutual funds will use the main part (80%) of the profits to purchase equivalent $CLAIM, then add CLAIM/Dai liquidity on Uniswap.
The Claim governance token ($CLAIM) will be mainly held by the community (80% of the total minted amount). In addition to community holdings, the remaining 20% will be allocated to ecological funds (10%) and development team incentives (10%), in order to support the long-term development of the project.
To ensure the participation of the community and to lower the threshold of governance, Claim governance will be promoted by all $CLAIM token holders through an off-chain voting mechanism.