The NUTS Platform is a technology framework designed to support multiple classes of financial instruments characterized by the following attributes:
- Exchange frequency of instrument is non-latency sensitive
- Instruments possess a natural status lifecycle (delinquent, defaulted, liquidated, etc.)
- Instrument trades in a peer-to-peer, off-exchange and non-atomic format
In general, we characterize such instruments as non-standard financial instruments. Instruments that fall under such categories include loan, forward contracts , swaps and various forms of promissory notes.
At the initial stage, NUTS Platform is designed to support the issuance of financial instruments based on ERC-20 and Quark native tokens. Specifically, our standardized modules will support the issuance of (i) Lending contracts (ii) Borrowing contracts (iii) Swap contracts (iv) Savings contracts.