Blockchain

SODAX Enables Cross-Network Flint Deposits

Flint, a platform for investing in tokenized RWAs, has built-in SODAX, an infrastructure for cross-network routing and crypto asset conversion, to let customers deposit property from greater than 20 blockchain networks into its vaults. Flint invests these funds in tokenized real-world property, together with actual property bonds and personal credit score.

Flint’s vaults are constructed on Lagoon Finance and curated by 9Summits. They supply non-custodial entry to tokenized actual property debt via audited sensible contracts. The vaults settle for $USDC and presently goal round 10% APR, with returns paid in $USDC and distributed weekly.

The SODAX integration combines cross-network routing and vault deposits into one step. Customers can fund a Flint vault with property held throughout supported EVM and non-EVM networks with out manually changing or bridging them first.

Picture: Magnific

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