The Assecentro aims to establish a comprehensive ecosystem to provide a decentralized, transparent and trustless environment. Assecentro allows all users to present their assets in the real world on chain in exchange for currencies while gaining interests by depositing cryptocurrencies.
Assecentro has smart contract suite for the creation of ASCT as well as its governance. The suite of smart contracts on Assecentro includes DSC, PSC, LSC, etc. The users of the Assecentro smart contract currently have the ability to issue new tokens through DSC, such as aUSDT.
The interest rate is determined by the interest rate recalibration mechanism. It could either be a dynamic function that’s based on demand or a static number that is set by the governors. The interest rate recalibration mechanism will respond accordingly with the dynamic of the Assecentro ecosystem through advanced AI algorithms.
The Assecentro is using Database to provide reliable inputs and outputs for the suite of smart contracts. The Database is a decentralized oracle network, providing securities and data with the entire Assecentro ecosystem. The Database is able to maintain the overall value of the Assecentro smart contracts to assure high security, reliability, and trust.
In the Assecentro ecosystem, every member will participate in the decision-making process, without having to rely on or trust anyone. This means a trustless environment is to be established by applying Assecentro DAO, which allows ASCT (Assecentro ecosystem token) holders to elect using their token holdings via smart contracts.
Assecentro uses ASCT as the ecosystem token, which is the tool for decentralized community governance. Users on Assecentro hold ASCT as the governance token to vote, as Assecentro is going to build a globally self-governed
community. ASCT plays a significant role in encouraging broad participation and eliminate centralized control risk.
ASCT effectuates governance of the Assecentro ecosystem via the Assecentro DAO.
The technical roadmap for Assecentro is as follows
- Supported main types of non-digital assets to be backed on chain
- Implemented SDK in the system
- Implemented more tools over the network
- Supported more types of non-digital assets to be backed on chain
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