Here’s an overview of how Digital Credit Note Tokens Work

 

1. Issuance on the Pecu Novus Blockchain

A company seeking to raise debt capital creates a  Digital Credit Note “DCN” token on the Pecu Novus Blockchain.

Next they have to create a single or multi-asset Digital Asset Treasury that will collateralize the DCN.

Each note is:

Staked by either PECU Coins alone or a combination of PECU, stablecoins, wrapped tokens and both a Revenue and Operational obligation token.

The details, data and Digital Asset Treasury is viewable and transparent for each DCN.

Structured to offer a Fixed-Term or Perpetual yield of 8–15% annually, distributed hourly in Yield Tokens.

The Yield Token distribution is embedded in the smart contract and automatically distributed.

 

2. Smart Contract Setup & Execution

A smart contract governs the entire structure:

Digital Asset Treasury collateralization validation: Verifies that the single or multi-asset Digital Asset Treasury has the required PECU Coins or other digital assets locked and publicly viewable.

Yield calculation: Determines and distributes hourly yield in Yield Tokens to holders.

Redemption logic: Allows the issuer to redeem Yield Tokens from holders on a quarterly, semi-annual or annual basis via USXM stablecoins.

 

3. Listing on HootDex

 

Once issued, DCNs are listed on HootDex for price and data discovery as well as confirmation of the collateralization of a single or multi-asset Digital Asset Treasury for the issuance. 

After the issuer defined lock-up period then the DCN would be available to swap on HootDex, swappable on the DCN OTC Desk and other centralized or decentralized platforms that may list PECU and Pecu Novus blockchain digital assets.

Afterwards Investors will be able to acquire DCNs on HootDex and Institutions will be able to swap and acquire via the DCN OTC Desk.

DCNs become fully tradable in a peer-to-peer environment once lock up period expires, without needing centralized intermediaries.

Smart contracts manage all transaction logic, removing counterparty risk.

 

4. Yield Distribution to Investors

 

Lenders or Investors receive hourly yield distribution in Yield Tokens, which are automatically sent to the Pecu Wallet that holds their DCN tokens.

These distributions continue indefinitely (Perpetual Structure) or until maturity (Fixed-Term Structure), unless the issuer redeems or buys back the PDCNs, in part or whole.

 

5. Redemption by Issuer

 

On a quarterly, semi-annually or annual basis, issuers are obligated to redeem all Yield Tokens issued to holders via USXM stablecoins.

Issuers have the option, if set in the terms of the issuance, to redeem DCNs at face value plus any unpaid yield at any time following the lock up period expiration.

Redeemed DCNs are removed from circulation and only historical records will exist.