User Guide for Zoth Atlas
The Zoth Atlas is part of the Zoth ecosystem, which focuses on providing access to real-world asset (RWA) financing on blockchain technology. It’s designed for institutional investors and aims to tokenize assets like corporate bonds, US Treasury bills, and trade finance receivables. This allows for improved liquidity, transparency, and compliance with global regulations.
Get Meksikanec’s stories in your inbox
Join Medium for free to get updates from this writer.
Here’s a simplified guide to using Zoth Atlas:
1. Onboarding and Setting Up
- To get started with Zoth Atlas, you’ll need a MetaMask wallet (support for other wallets is coming soon). This wallet will be used for managing your funds and interacting with the platform.
- Complete Know Your Customer (KYC) verification, which is necessary for compliance. This process helps ensure that all participants (both borrowers and lenders) are unique, verified entities.
2. Investment Opportunities
- Zoth Atlas offers tokenized liquid notes (ZTLN), which represent ownership in investment-grade securities such as corporate bonds and Treasury bills. These notes provide stable, short-term yields with full collateral backing.
- Other investment opportunities include private credit deals and trade finance receivables from major companies like Walmart and IKEA.
3. Zoth Protocol
- The Zoth Protocol facilitates the tokenization of assets, with validators playing a key role in validating and verifying assets before they are listed. Validators earn rewards through a staking mechanism, enhancing the security of the system.
- Borrowers submit real-world assets as collateral, which are validated and secured by the protocol before loans are granted.
4. Loan and Collateral Management
- Loans are issued in USDC (USD Coin), and collaterals can only be redeemed once the loan term is complete. There’s a strong emphasis on security, including partnerships with credit scoring companies to avoid double-collateralization across platforms.
5. Risk and Security
- Zoth ensures transparency with continuous audits, reserve verification, and compliance with jurisdictional regulations. However, there are inherent risks related to technology vulnerabilities, market volatility, and regulatory changes.
By combining decentralized finance (DeFi) with institutional-grade assets, Zoth Atlas offers a unique blend of traditional finance and blockchain-based liquidity solutions, aiming to build a more efficient global market for real-world assets.
For more detailed information, you can check out Zoth’s documentation and website.
