FIAT DAO

FIAT Protocol allows users to borrow against their positions in fixed income assets that are issued by DeFi protocols. $FIAT is backed by fixed income assets that are issued by other DeFi protocols, and it is not a stablecoin. FIAT DAO launched in the beginning of November 2021.

FIAT protocol allows users to borrow against their positions in fixed-income assets that are issued by DeFi protocols. FIAT DAO launched in early November 2021. Users can mint FIAT through collateralized debt positions, and utilize it for trading throughout DeFi. They can participate in FIAT liquidity pools in order to getfor governance rights in the protocol and others. It gives them hedge exposure to different underlying assets, protocols, and time horizons. Users can also redeem FIAT for fixed incomefixed-income assets without order books or market makers.

In the FIAT protocol, users can deposit supported fixed incomefixed-income assets as collateral. $FIAT is not a stablecoin. The protocol prices deposited collateral through a discounted cashflowcash flow calculation. Users mint $FIAT against the overall principal sum of their collateral, as a feature of protocol pricing. Users can also redeem their $FIAT to either pay down their collateralized debt position, or to getreceive a collateral asset in the protocol vault.

FIAT Protocol letsallows youusers to borrow against yourtheir positions in fixed income assets that are issued by leadingDeFi protocols. $FIAT is backed by fixed income assets that are issued by other DeFi protocols, at high loan-to-value ratios and for low fees.$FIAT is backed by fixed income assets issued by other DeFi protocols, $FIATit is not a stablecoin, The. FIAT DAO is slated to launchlaunched in the beginning of November 2021.

MintUsers can mint FIAT viathrough collateralized debt positions, and useutilize it to trade andfor earntrading throughout DeFi,. ParticipateThey can participate in FIAT liquidity pools in order to earnget governance rights in the protocol and more,others. HedgeIt gives them hedge exposure to a wide array ofdifferent underlying assets, protocols, and time horizons,. Users Redeemcan also redeem FIAT for fixed income assets without the need for order books or market makers.

TheIn the FIAT protocol works as follows:, Depositusers Collateral: Users are able tocan deposit supported fixed income assets as collateral. Collateral Pricing: The protocol prices deposited collateral viathrough a discounted cashflow calculation. Borrow:Users User mintsmint $FIAT against the totaloverall principal sum of their collateral, as a functionfeature of protocol pricing. Redemption: Users can also redeem their $FIAT to either to pay down their collateralized debt position, or to acquire theget cheapest-to-delivera collateral asset in the protocol vault.

FIAT Protocol lets you borrow against your positions in fixed income assets issued by leading DeFi protocols, at high loan-to-value ratios and for low fees.$FIAT is backed by fixed income assets issued by other DeFi protocols, $FIAT is not a stablecoin, The FIAT DAO is slated to launch in the beginning of November

Mint FIAT via collateralized debt positions and use it to trade and earn throughout DeFi, Participate in FIAT liquidity pools to earn governance rights in the protocol and more, Hedge exposure to a wide array of underlying assets, protocols, and time horizons, Redeem FIAT for fixed income assets without the need for order books or market makers.

The FIAT protocol works as follows:, Deposit Collateral: Users are able to deposit supported fixed income assets as collateral. Collateral Pricing: The protocol prices deposited collateral via a discounted cashflow calculation. Borrow: User mints $FIAT against the total principal sum of their collateral as a function of protocol pricing. Redemption: Users can redeem their $FIAT either to pay down their collateralized debt position or to acquire the cheapest-to-deliver collateral asset in the protocol vault.

FIAT Protocol lets you borrow against your positions in fixed income assets issued by leading DeFi protocols, at high loan-to-value ratios and for low fees.

Mint FIAT and spend or invest while still earning yield on your assets. Redeem FIAT for the cheapest-to-deliver asset in the protocol vault, always.