RWA DeFi’s governance system
Issuer – Responsible for bringing intellectual property to the public blockchain through tokenization, providing real-value collateral assets to the DeFi ecosystem, and enabling token holders to participate in DeFi services.
Deployer – This role involves deploying a DeFi protocol’s smart contracts to the blockchain and setting eligibility rules. This can be easily done by implementing the ComplyDeFi SDK, a developer tool for leveraging the identity system ONCHAINID. To achieve this, you can set up access credential requirements and verifiers.
Verifier – Any institution or entity that can bring about trust, such as a bank, regulated exchange, custodian, auditor, notary, etc. Their role is to verify off-chain user information and issue on-chain credentials or verification proofs to users. On-chain ID. Using this approach, no confidential information is disclosed on the blockchain, only the credentials that provide a “yes, confirmed” response to the DeFi protocol.
DeFi users – DeFi applications offer a wide range of financial services such as lending, trading, asset management, and insurance. Typically, DeFi users leverage tokens to access services and act as liquidity providers by earning interest through token deposits for liquidity. Users can also choose to deposit their tokens through staking, automated investing, or in a vault managed by an asset manager. To participate in compliant DeFi applications, users must obtain credentials from validators appointed by the DeFi protocol.
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