In the CNBM ecosystem, the issuance (minting) of CNUSD is managed through a decentralized structure known as DecenBank. In its standard form, DecenBank exclusively operates based on the native coin of the host blockchain.
Standard DecenBank Operations
- On BNB Chain, only BNB is accepted
- On Ethereum, only ETH is accepted
- On Solana, only SOL is accepted
However, in certain networks or under specific conditions—where using the native coin may not be optimal due to economic concerns, price volatility, or market preferences—the CNBM ecosystem introduces an intelligent alternative structure called DecenBank Ver.X.
Structure of DecenBank Ver.X
In this specialized model:
Key Features
- Instead of the native coin, a trusted and validated token is accepted as collateral for minting CNUSD
- This token could be a tokenized real-world asset (RWA) like gold, a well-established digital asset like WBTC, or another recognized financial token
- The type of collateral token defines the name and version of each DecenBank Ver.X
Examples of DecenBank Ver.X Implementations
| Network |
Native Coin |
Standard Collateral (DecenBank) |
Alternative Collateral (DecenBank Ver.X) |
DecenBank Ver.X Name |
| BNB Chain |
BNB |
BNB |
(If needed) Another trusted token |
DecenBankXXX |
| Ethereum |
ETH |
ETH |
PAXG (Tokenized Gold) |
DecenBankPAXG |
| Polygon |
MATIC |
MATIC |
WBTC (Wrapped Bitcoin) |
DecenBankWBT |
| Solana |
SOL |
SOL |
(If needed) Another trusted token |
DecenBankXXX |
Key Points
Important Considerations
- The standard DecenBank always uses the native coin of the network as collateral
- DecenBank Ver.X is activated when a specific, trusted token is preferred or required as collateral
- DecenBank Ver.X is our strategic solution to enable CNUSD minting across all blockchain networks, even those with native coin limitations
Key Advantages of DecenBank Ver.X
Benefits
- High Flexibility: Ability to adapt to each network's specific conditions and accept diverse forms of collateral
- Cross-Chain Expansion: Facilitates CNUSD deployment across various blockchains and new markets
- Connection to Real-World Markets: Enables integration with tokenized real-world assets (RWAs)
- Better Risk Management: Option to use more stable or less volatile assets compared to native coins
- Upgradeable Design: Capability to add new Ver.X versions in response to market developments
The Vision Behind DecenBank Ver.X
Strategic Vision
DecenBank Ver.X is not just a workaround for special cases; it is a visionary bridge connecting CNBM to:
- Tokenized real-world assets (RWAs)
- Traditional financial markets
- Institutional investors
- The future tokenized economy
Through this flexible architecture, CNUSD can integrate seamlessly with a wide variety of economic sectors and blockchain infrastructures without limitations.
Frequently Asked Questions (FAQ)