Zivoe, a leading real-world asset (RWA) credit protocol, is set to make huge strides in the RWA financial sector with the introduction of its mainnet launch. Scheduled for July 31, the launch represents a key milestone for Zivoe as it enables the democratization of credit access through blockchain technology.
Zivoe’s mission is to establish broad access to the credit market for by linking real-world borrowers with on-chain liquidity. The team will focus on issuing on-chain loans to a strategic lending partner, supporting them with the provision of better interest rates for consumers.
This initial phase will improve upon the traditional lending processes available today while delivering security and efficiency to a sector almost untouched by blockchain advancements.
In the long-term Zivoe plans to directly engage with consumers rather than issue on-chain loans through lending partners, creating a direct bridge between traditional finance (TradFi) systems and on-chain potential.
Mainnet Launch and ITO
The mainnet launch is strategically aligned with Zivoe’s Initial Tranche Offering (ITO), a liquidity bootstrapping mechanism crafted to incentivize the initial total value locked (TVL) on the platform. Liquidity providers (LPs) will be able to deposit stablecoins into either Zivoe’s senior or junior tranche and, in turn, be remunerated with Tranche tokens.
Tranche tokens offer a risk-stratified exposure to Zivoe’s loan portfolio and can be staked to earn yield from real-world consumer loans. By taking this approach, Zivoe ensures the protocol can support credit product diversity whiile attracting LPs.
Participants in the ITO will also be made eligible for an airdrop reward event, receiving Zivoe’s native token, $ZVE, for involvement in the platform’s decentralized governance framework. Starting July 31, the ITO wil run for 30 days and provide ample opportunity for all participants to contribute to initial liquidity, engage in governance and receive airdrop rewards.
The Zivoe Dream Team
The team behind brings a wealth of experience from both TradFi consumer lending and DeFi fronts, ready to lead the way for future on-chain credit protocol innovators.
Kristal Gruevski, Co-Founder and General Counsel of Zivoe, expressed enthusiasm for the launch:
“We are delighted to reach this important milestone, and are looking forward to bringing a fresh, unique solution to the traditional lending industry. Our Initial Tranche Offering will open the door for international DeFi users to gain exposure to the consumer credit market in a manner that was previously not possible.”
Zivoe’s team has already raised $8.35 million in a funding round that included renowned investors like Iceberg Capital, Concave, and Andrew Keys. $6 million of the total raised has already been earmarked to function as initial liquidity for the ITO to support the execution of Zivoe’s vision and bolster investor confidence.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
