In this chapter, we explain how the project tokenizes the real world finance requirement and how the investors invest their money into the system, to get their fixed APY from the projects.
Capital Raise & Lending
We give a high-level description of how the verified investors can lend the money to the project. Three different users cases have been set up to demonstrate how capital raising and lending works in the JOLTIFY network.
In order to utilize the liquidity in the crypto world, the project needs to sign a contract with the SPV to agree on the amount of the money it wants to raise, as well as the interest the project needs to pay and the length of the lending.
The SPV will then list the lending request on JOLTIFY chain stating the details of this project.
During a specific time window, the verified investors sign the contract with the SPV to offer the liquidity for this project.
The tokenized document is minted and transferred to the investor.
We give a high-level description of how the project will repay the money back to the investor.
The project repays the money borrowed from the SPV and the contract between the project and the SPV is fulfilled.
The SPV will pay the investor in full and the contract between the SPV and the investors are fulfilled.
NFT Ownership Transfer
We give a high-level description of how the project repay the money back to the investor. The details can be found here.
During a specific time window, the investor can sell back the NFT (tokenized documents) back to the SPV.
The SPV sends back the stable coin and the contract between the investor 1 and the SPV is fulfilled.
The NFT is listed on the JOLTIFY chain and the new investor can access the listed NFT.
The new investor signs the contract with the SPV and pays the stable coin to the SPV to purchase the NFT.