// DeFi Infrastructure to unlock the
potential of Crypto Assets on EVM chains. PAPA is now Multichain.
{PAPADAO PRODUCTS}
01
Reserve – Backed Currency
Delta-neutral Reserve- Backed Currency with embedded yield
Globally accessible floating & fixed rate Crypto Asset Bonds
Sustainable, Capital efficient and composable, multi-level leverage
{CORE CONCEPTS}
02
// PAPA DAO provides the derivative architecture needed to turn Ethereum & other crypto assets into the first yield-bearing reserve-backed currency that is decentralized and not dependent on the financial system: PAPA
{THE PAPA PRODUCTS INCLUDE}:
// Crypto-native reserve-backed currency with Ethereum & other crypto assets, which offers users an embedded yield and maintains its price using delta-neutral hedging on both centralized and decentralized exchanges.
// The first crypto yield curve – utilizing perpetual swaps or expiring futures to create a variety of fixed vs floating rate bond exposures. Various crypto assets bonds available – the First in DeFi.
// Enhanced yield and composable leverage across DeFi – made possible by capital-efficient money markets on stETH and PAPA collateral.
{PROPERTIES OF PAPA}
03
Delta-neutral Reserve Backed Currency with embedded yield
{HOW IT WORKS}
04
Users can deposit USD, Ethereum, or other liquid staking tokens as collateral to establish PAPA through PAPA DAO. Through the use of delta-neutral hedging across centralized and decentralized exchanges, stability is achieved.
To achieve delta-neutral collateralization, collateral is given to safe onchain custodial wallets, and a corresponding short position is opened.
The first decentralized, scalable, and stable asset with rewards derived from Ethereum’s and other crypto assets’ and futures markets’ economic activity – PAPA.
{CORE CONCEPTS}
05
PAPA DAO distributes collateral to a variety of on-chain MPC custodial contracts that are safe, programmable, and transparent. Collateral deposited on-chain ensures that custody is not dependent on centralized servers, reducing counterparty risk.
Users maintain full custody of PAPA for redemption or composability through DeFi while benefiting from seamless access to key liquidity venues for basis risk management and funding optimization.
TIME TO FORK | EVERYONE CAN BE PAPA
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“Time to Fork | Everyone can be PAPA” is an incubation event that turbocharges the PAPA and DeFi ecosystem ’s Top Founders.
We are now looking for high quality individuals to participate in a unique opportunity to showcase their skills and creativity in the world of crypto. By forking Papa’s technology and leveraging Papa’s marketing advice& expertise, you’ll have the chance to create something truly innovative and potentially profitable.
The event is open to everyone, regardless of skill level or experience. That said, we are looking for individuals who are self- driven, passionate and can work on their own, swiftly and professionally. If you are selected, we will provide you all the Papa’s technology & marketing channels you need to succeed.