Tokenised obligations, indexed to the price of an asset
The issuer posts its coverage ceiling on-chain, the network makes issuance beyond that ceiling impossible, and the customer's key never leaves their device. You are the issuer and the licence holder. We are the machinery.
Exchange
Staking
Profile
Non-custodial by design.
You are the issuer. We are the infrastructure.
Built for an institution that issues and services a tokenised, asset-indexed obligation under its own licence. Gold is the first case carried through to the end — its contracts are deployed, verified and running. A different underlying asset gets its own set of contracts: the price source and the unit of measure are fixed at deployment on purpose and never change afterwards — the same property that stops anyone rewriting the rules retroactively.
Bank
Deposits attracted against an asset-indexed return; a new retail product for a customer base you already have.
Payment institution
A settlement instrument and wallet on top of the fiat rails you already operate.
Crypto licence holder (NAPP)
Contracts and an application ready to run under the regulatory base you already hold.
What we build — what you bring
- Smart contractsIssuance, burning, coverage ceiling, enforcement built into the contract
- Non-custodial walletThe key sits on the customer's device — you do not hold other people's funds
- Telegram Mini App + exchange + stakingA finished customer path: obligation↔som swap, savings
- Coverage enforcementThe network rejects issuance above the ceiling you set
- Operator console and settlementAdministration, confirmations, statements
- LicenceThe regulator (NAPP) determines the type of licence
- Fiat railsSom in and som out
- Capital and the coverage amountYou set it yourself, at your own discretion
- Market risk hedgingInstruments and treasury stay on your side
- KYC/AML and customer supportUnder your own procedures
Where the partner earns
Deposits against a rate
Funds arrive for an asset-indexed return rather than an ordinary som deposit — a new reason to keep money with you.
Revenue on turnover (model, v-next)
A swap fee on the obligation↔som exchange. The current contracts charge no fee — this is a monetisation model for the next version, not revenue we claim today.
The obligation is indexed to gold — the assets behind it are in som
The obligation is denominated against the price of gold while the covering capital is held in som. A rise in gold increases the obligation in som terms. This is structural market risk, and we say so plainly instead of hiding it.
Coverage can be read at any second — without trusting us or the bank
The coverage ceiling is published by a separate contract. Issuance above it is rejected by the network — not by the interface, and not by us. An attestation is valid for one hour: stop refreshing it and issuance halts on its own. Not a quarterly report, but two numbers on a chain.
Contract sources, tests and build settings are in a public repository, and the contracts are verified (the source matches the deployed bytecode byte for byte). Your engineer, or an automated assessor, reads them without us in the room. That is what replaces «take our word for it».
For a machine — a direct API returning the contract source as JSON, nothing to render: …/contract_verification/info/0x906bcf6c…
A precise self-assessment instead of promises
Whether this is worth a meeting is for you to decide, on the facts above
A direct line to a person, not a form. We will show the demo, hand over the addresses, and go through your economics and integration.