Digital Credit Notes (DCNs) are fully collateralized by a multi‑asset Digital Asset Treasury and supported by over 300 on‑chain data points, giving them exceptional transparency and making them institution‑ready with FIX API connectivity. Each issuance begins on HootDex, where price discovery, data visibility and treasury‑collateralization transparency are available from day one. Once the issuer‑defined lock‑up period expires, both Perpetual (PDCN) and Fixed‑Term (FDCN) DCNs become swappable digital assets on HootDex, enabling decentralized peer‑to‑peer liquidity. Because the system is decentralized, any platform that supports Pecu Novus architecture can also support DCNs, whether centralized or decentralized, giving lenders a path to liquidity and investors a seamless way to swap positions.

Issuers collateralize each DCN with PECU Coins, stablecoins, wrapped assets, RWA tokens and/or revenue/operational tokens held inside a multi‑asset Digital Asset Treasury, with all data publicly accessible to promote transparency and institutional adoption. Smart contracts automate hourly yield distribution via Yield Tokens and enforce perpetual or fixed‑term parameters without intermediaries, margin or custodial friction. 

In mid‑2026, an institution‑only DCN Over‑The‑Counter Desk will launch, allowing institutions to negotiate DCN swaps and pricing directly, while issuers gain a venue to list new DCNs for institutional exposure, creating a 24/7/365, peer‑to‑peer pathway for lenders, issuers and institutions to adopt and execute DCNs at scale.