INK Products Module
The Power of InkEnvelope
INK doesn’t just set up a DAO — it also gives the DAO all the tools to do its financial job.
The key to INK’s customizability and flexibility is its ability to wrap any bundle of assets or financial products, and any information regarding them, into one token. This token can then be used as collateral or as a component of a fund portfolio, gaining the benefit of uniformity and liquidity on any host blockchain.
In the case of physical assets which contain information such as insurance, appraisers, deeds, and so on, the INK Products Module can wrap such information into one non-fungible token (NFT), which has a totally fungible representation so that it can be handled by mainstream wallets and trading facilities.
The key construct that makes this abstraction possible is the InkEnvelope, which removes the complexity of bundling any variety of assets, while preserving their descriptive information and adding a novel layer of programmability that seamlessly plugs into the world of DeFi applications. Below is the blueprint of InkEnvelope’s information composition:
The INK Products Module allows DAOs to make customizations around the InkEnvelope, such as:
- Wrap the results of an INK DAO’s off-chain asset adoption into InkEnvelopes, the uniform on-chain digital assets;
- Create financial products that are collateralized (or backed) by the Enveloped assets, or that use InkEnvelopes to hold such assets as their portfolio components. These created financial products can then be made available to investors through “on-the-go” auctions or fundraising, such as legit crowdfunding;
- Redeem financial products with on-chain settlement and clearing;
- Set risk control triggers and other operation triggers for the financial products;
- Query and parse information regarding the assets or the financial products, i.e., peek into the InkEnvelopes.
With this Module, the complicated features of bespoke assets and financial products are made easy to process and understand. INK doesn’t just set up a DAO — it also gives the DAO all the tools to do its financial job.
INK’s DAO Builder Demo
You can test building your own no-code DAO at app.inkfinance.xyz
INK Finance DAO Builder Preview Video
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