The EURxb tokenisation process
The EURxb Security Asset ERC721 NFT represents a call against the collateral backing the protocol’s bond reserves, and is locked into EURxb’s Bond Smart Contract that mints a linked EURxb Bond ERC721 NFT. This token represents a bond subscription to the ISIN Registered Security and is in turn locked into the EURxb Euro Smart Contract to generate the EURxb stable coin - which appreciates at the bond interest rate (7% per annum).
*EURxb.finance currently only accepts the Securitised Asset ERC721 NFT and Bond ERC721 NFT token types issued by MIRIS AS