Distribution
Last updated
Last updated
For issued RWA tokens, the distribution channel can be determined according to the choice of the real asset owner. Depending on the type, it can be distributed to the DeFi services of the bank model and the DeFi services of the decentralized exchange model. To revitalize the Elysia protocol, we actively maintain the Elysia derivative ecosystem.
ELYFI (https://www.elyfi.world/en/deposit) was launched using the Distribution Core component for the bank model DeFi service ecosystem, and the owner of real assets distributes RWA tokens to ELYFI, one of several distribution channels. An example of the process is as follows:
ELYFI service is a Lending Protocol that lends cryptocurrency to real asset owners using RWA tokens as collateral. The RWA token generated through Issuance Core Component after review proposed by the real asset owner to ELYFI Governance, and if passed by ELYFI Governance, is recognized as collateral in ELYFI Money Pool, and collateral corporations can borrow cryptocurrencies from ELYFI's Money Pool.
ELYSIA Protocol supports related Dapps for real asset owners looking for various distribution channels.
A representative example is the decentralized P2P marketplace ELYFI Market (https://www.elyfi.world/en/market) that helps direct sales of RWA tokens.
ELYSIA Protocol plans to launch Dapps using various asset classes using the Distribution Core component. In addition, we plan to provide RWA tokens as a base asset for other DeFi services. Through this, we are trying to preempt the real asset-based NFT token issuance market.