So yes, thanks for inviting here.
My name is Ivan Anichkov, I'm Founder and CEO of Claim.
I have graduated from the Hayward Institute of Business and Economics, California State University. 15 years of experience in financial product and service LoB. Consultant of IBM, Eastern Europe/Asia. I have an extensive experience in AI and blockchain.
Given my past experience, I've gathered a mastermind team to create Claim.
So yes, it's my brief intro. Next question please.
There are three types of stablecoins on the market. One is fiat anchor stablecoin represented by USDT; One is the cryptocurrency anchor stablecoin represented by DAI, and the other is the algorithmic stablecoin that has been popular in recent years, which adjusts the circulation supply by algorithms. However, Claim is focusing on credit stablecoin, which is different from the above three stablecoins. Could you please introduce the principle and characteristics of Claim?
Good question! Let me some time to write an answer.
Yes, so, throughout the development of DeFi stablecoins, the most widely used model is still of stablecoins minted against pledged assets, as you mentioned in case of USDT and DAI.
Quite instead, Claim can not completely rely on the current value of the mint's assets, but the expected future returns of the assets will also be used as trusted collateral, which will greatly improve the asset utilization efficiency of our stablecoin.
The Claim protocol allows users to pledge assets held by others and generate stablecoin cUSD. The protocol allows users to deposit assets through the aggregation income platform for capital allocation and generate investment income.
The ROI in these assets will serve as the support value of Claim's credit system. In our model, the user's deposited assets can not only be used as collateral to obtain stablecoin cUSD for capital circulation, but also can enjoy the credit leverage formed by the expected return of assets, which greatly enhances protocol’s utility.
That's the difference essentially. I'm OK, please next question.
For now, USDT stablecoins and DAI stablecoins account for about 93% of the total issuance of stablecoins, while the up-and-coming algorithm stablecoins, although the market share is not high, but new projects are emerging one after another. Competition in the stablecoin market is fierce. I would like to ask, what is the advantage of Claim compared to other types of stablecoins?
Nice! I love your questions.
Answering your question — it's really all about how Claim works.
DAI will be supported as a pledge asset in the initial stage. After the user deposits the stablecoin DAI, cUSD will be minted at the ratio of 1:1. The protocol will use the user's deposited assets and cUSD to allocate assets through the aggregated income platform to form investment income.
As said before, in our model the user's deposited assets can not only be used as collateral to obtain stablecoin cUSD for capital circulation, but also as a credit leverage formed by the expected return of assets, which greatly enhances the utility of the protocol and assets effectiveness.
Claim currently supports the stablecoins DAI as a protocol pledge asset. cUSD will be cast in a ratio of 1:1 after the user deposits the above Dai. What I'm curious about is, what are the application scenarios of cUSD?
Essentially Claim is the very first approximation of a synthetic assets protocol. So we envision that people can generate cUSD to lend, to borrow, to have a passive income and so on.
As I believe, Claim could become a single point of access to the DeFi space for people worldwide, as it resembles how traditional finance works, but enhances its potential and add a technological battle-proved perspective — it's on blockchain, secured, immutable and so on.
At the bottom line of this, I believe Claim can foster the financial inclusion.
So yes, Claim is like banking, but with all bottlenecks of banks wipped out.
Stablecoin has been under threat from hackers for a long time. Last year, the stablecoin that launched by Origin Protocol was hacked, resulting in a $7 million loss. I want to know, in order to prevent hacker attack, what does Claim do?
此外，为了证明满足了最高的安全标准，我们还将我们的代码发送给了SlowMist security Audit进行审查。审核号为:0X002104150004，综合评估该合同无风险。
Indeed, from the very beginning, the Claim team has eliminated the possibility of direct contact with the user's assets at the technical level.
All operations are performed through smart contracts, and the user's rights can only be operated by themselves, eliminating the possibility of malicious actions.
We have also adopted the multi-signature design, pool separation, proxy contract, etc., to isolate user’s assets and platform insurance hedging funds. To prove the highest security standards are met, we sent our code for review to SlowMist Security Audit. The audit number is: 0X002104150004, and the contract has no risks in a comprehensive assessment.
Claim not only issue stablecoin but also launch CLAIM token mining activity. Can you introduce to us what the mining activity is?
Oh yes, sure.
A 6-week mining activity will be carried out and approximately 12 million $CLAIM tokens will be distributed. To participate, join our Telegram chat and our community team members will help.
For now, Claim plans to have IDO on Dodo in the middle of the month, and will be launched on exchange at the beginning of next month. I want to ask, what are the other important development points of Claim?
Ivan：是的，基本上Claim将首先在以太坊网络上发布，然后在币安智能链上发布。此外，我们正在考虑与其他网络的跨链功能，如Polkadot, Tron, Solana等。
Yes, so basically Claim will be launched on the Ethereum network first, and then on Binance Smart Chain. Besides, we're thinking about a cross-chain functionality with other networks, like Polkadot, Tron, Solana and some others.
We will present a technical roadmap later this quarter/next quarter I think.