Perpetual Digital Credit Notes (PDCNs) represent a new age approach to corporate debt issuance, combining the reliability of asset-backed finance with the flexibility and efficiency of blockchain technology. Created and recorded on the Pecu Novus Blockchain Network, PDCNs are designed as perpetual yield-bearing instruments backed more than 1:1 by PECU Coin reserves, providing daily interest payments to investors in the stablecoin USXM tokens and quarterly redemption by issuers on a fixed calendar schedule.
Key Structure and Functionality
Ω Collateralization
Each PDCN is fully overcollateralized with PECU Coins held and locked in a dedicated Pecu Wallet that would be publicly displayed to ensure transparency and trust.
Ω Yield Distribution
Investors receive daily interest accruals in the form of USXM (a digital stable token), with quarterly redemption obligations met by the issuer.
Ω Perpetual Nature
The instruments have no fixed maturity, allowing companies to maintain long-term debt capital while providing continuous yield to investors.
Ω Decentralized Trading
Once issued, PDCNs are tradable on HootDex, the decentralized exchange built on Pecu Novus, enabling peer-to-peer liquidity.
Benefits of PDCNs
For Issuers
Ω Alternative Capital Access
Enables companies to raise debt capital without relying on traditional financial institutions or restrictive covenants.
Ω No Maturity Pressure
The perpetual structure removes repayment deadlines, easing balance sheet stress.
Ω Enhanced Market Trust
PECU Coin backed overcollateralized stored transparently on-chain boosts credibility with global investors.
Ω Improved Liquidity Options
Listing on HootDex provides secondary market access for debt instruments, enhancing tradability and market visibility.
Ω Streamlined Debt Servicing
Automated daily USXM payouts via smart contracts reduce administrative burdens.
For Investors
Ω Daily Yield
Earn consistent returns via tokenized daily USXM interest payouts.
Ω Transparency
On-chain auditability of PECU collateral and smart contract terms ensures investor protection.
Ω 24/7 Access
Benefit from continuous access to yield-bearing instruments in a decentralized environment.
Ω Liquidity Flexibility
PDCNs can be traded or privately swapped via HootDex without traditional market frictions.
Why Issuers Should Consider PDCNs for Raising Debt
For companies, particularly those in emerging markets, infrastructure, energy, or high-growth sectors, PDCNs offer a modern, frictionless pathway to capital. Traditional bond markets often come with underwriting requirements, regulatory hurdles, and geographic limitations. PDCNs bypass many of these issues by leveraging programmable smart contracts, cryptographically verified collateral, and a global investor base connected through HootDex.
PDCNs simplify the capital formation process, reduce intermediary costs, and provide ongoing flexibility in managing long-term financial obligations. Their blockchain-native format ensures real-time transparency and global access, making them particularly suitable for companies looking to future-proof their capital structure while appealing to modern digital investors.