XDC Network 🛠 Fathom Protocol

[Music] this webinar is about encouraging you to build something with us so just speaking just a bit about fatom fatom in its core it's the stable coin uh the stable asset over collateralized it's collateralized at the moment with xdc uh later we can bring another assets uh xdc is Enterprise Focus chain means the purpose of this chain is to bring institutions Enterprise and build something with them and for them EDC has subnets uh aside from the main chain so main chain is more for the retail users uh subnet is more for institutions users so about F exist coin if we are building stable coin just because we Vision it as a beginning of the network ecosystem beginning of the fire ecosystem and for the fire ecosystem we need some stable asset like for example D is this asset for ethereum so fxd stable coin is this asset for xdc um what we are going to build next is the full scale landing where you will be able to collateralize other types of the assets like real world assets toiz gold uh ETFs in uh various places like Singapore Hong Kong uh ETFs on US Treasury bonds named usy it's already signed tokenized on xdc so we are going to bring it into the protocol use them to borrow our stable coin and use the stable coin in for example in the vaults we are building or in other Solutions you can find on xdc network aside from stable coin will also have uh decentralized exchange uh we have the governance means we are decentralized protocol we operate over there uh you can you can get your fthm token it's already live you can find it on the be through uh FTM token can be used only for you know for voting in the governance it's never be it will never be used for calization purpose for calization we're going to use on xdc and real world assets um talking about fxd you can think about you know some main components of it the biggest one is of course the cdps uh R cdps the borrower can come caliz their xdc and borrow some fxd um but yeah for example you can use $100 in xdc but you will be able to borrow just for example 75 fxds which is based on your loan to value ratio also we have the stable swap which helps us to maintain the pack we have the flash loans which allows more which gives more opportunities for arbitragers on our deck on other dexes in in xdc and other centralized exchanges uh liquidation model is uh also decentralized but we have the WID listed pool for Liquidators and we are going to onboard them on on wiress basis so I think I can talk more about Fatam but I want to encourage again encourage you to build something with us so on E Global website you can find all the necessary links for you you can find the links uh that will lead you for uh to xdc information to xdc Manet test net developer Forum also you can find our website our white paper where all the technical moments I described our GitHub where you can find all the open sourced work means we're fully open sourced links to our D app links to our stable coin on the May net links to our stable coin on the test Nets and also we build some cdks for types cre and solidity to easy to make it easier for you to work with the our protocol to borrow stable coin to track positions uh to build front net applications also test net F set um rpc's lists for Manet and testet so this is a fatom website you also can check all the information I will not really stop here uh our white paper is uh is on guest you can read all the technical moments about how we are maintaining our protocol to be over collateralized how we Implement uh fixed prad liquidation strategy you also can find the information about uh well fix PR liquidation strategy about our stos swap how to do the flash mint you can check about our da about our Da Model voting model um how Dex works pretty much un swap Works um check the most common user flows and token distributions Etc also please check our GitHub when you will start building you can find it insightful you can check our core repositor here in the pined pined section of the you know GitHub page smart contracts for the Sable coin for application uh isdc in the typescript you can also check our application uh you can find it on jb. fm. fi also Dem application on the test net so you can check for fxd you can check example how you can St fthm and vote for the governance you can check on Dex but the most important thing is of course stable coin you can open your position for example I want to use 500 xdc tokens and I want to borrow let's say uh 10 stable coins means I can go go more but I cannot I need to be over collateralized always if Position will become under collateralized if it will be at risk becoming under collateralized it will be it may be liquidated by the liquidator who will repay stable coin uh by taking the collateral back on some small spread which will make them the profit so for example I want to borrow 10 stable coins I can click on open position wa just for a bit hope it works um it should be very fast but Network here is very bad so let's see when when the transactions will pass for me but transactions are Meed like each each two seconds so here you go you can see my position 500 collateral 10 fxd safety buffer is 52% position is pretty safe and I can manage my position I can repay it I can top up it or repay it repay it partially or fully when I'm repaying it I need to cover some interest which is acre on my position to in deviz protocol Liquidators fthm holders community so I repayed my position hopefully it yeah it disappeared again we will be launching more projects for phatom volts when when you will be able to collateralize borrow fxd and use fxd to get yield on fxd in in the stable asset also you can check our stable coin in in Block scan which is Explorer for xdc or for apoem testet you can check our mpm model for typescript named Fatam SDK it's pretty much easy to install it to import all these Services you can use for example Pool Services position Services proposals table swaps Etc and use those functions in your in your application in your front end application also we have salid SDK uh this targets mostly to abstract your uh your proxy wallet so it will be easier for you to make to you know from your from from your application from your Sol application to open new positions close positions you know to grab some information about your positions etc etc about your depth please check uh possible public rpcs for xdc is on chain list chain number is 50 and for apoem testnet apoem is a testet for xdc you can check for the chain number 5 51 on chain list um that's pretty much it means uh we are the sponsors we advis people to build something on xdc and the huge bonus to build also something that will utilize for example our stable coin in your work we have $10,000 in the prizes free places so you can check also the live the recorded Workshop there check all the links please let's build together