Devision Protocol

This high-level overview helps illustrate the technical, business and legal developments underway to fully realize Devision.
For general timeline, see Roadmap.

Devision Protocol

This high-level overview helps illustrate the technical, business and legal developments underway to fully realize Devision.
For general timeline, see Roadmap.

Source Assets

Identify assets for fractionalization

Devision and its partners search for assets suited for fractionalization. Owners / managers of suitable assets are approached, educated on the benefits of fractionalization, and guided through the Devision process.

Digitize

Bring Assets On-Chain

Assets must be represented digitally on the blockchain to utilize the power of Devision. This is what NFTs were designed for - to clearly represent ownership. By establishing a DAO legal wrapper along with the NFT, we ensure that NFT ownership == Asset ownership.

Lock

Protect NFT in a smart contract

The NFT asset is locked in a Devision Vault Contract and can only be unlocked if there is a successful buy-out (described below). The beauty of Web3 is shown here, as the process is entirely non-custodial. At no time throughout the process does anyone has access to your assets.

Divide

Mint fractional tokens

With the NFT locked, tokens are minted to divvy up ownership. These tokens directly represent voting rights and ownership of the underlying (locked) NFT and asset. This is thanks to the DAO legal wrapper from earlier, a legal entity that bridges DeFi to the physical world and sovereign law.

Distribute

Price discovery and liquidity

The initial batch of tokens are sold using essentially a Dutch auction, where the token price falls steadily until buyers are found, upon which buying pressure causes the price to rise. This mechanism helps set a market price, distribute tokens fairly, and provide the pair balance to the liquidity pool.

Trade

Swap or set orders

To trade on Devision, simply connect any Cardano wallet and explore our markets. There are several ways you can buy tokens. One is with instant swapping in our liquidity pools. The other is setting a more traditional order in our smart contract order books. We plan to introduce purchases in USD and EUR soon.

Govern

Vote on asset strategy and managers

One of the best parts of owning something is deciding what to do with it. Thanks to blockchain voting, you can vote on what your assets should do and elect asset managers to get it done. From profitability to conservation, what will you do with your assets?

Earn

Managers earn yield for holders

Asset managers are responsible for making the token holders desires a reality. In many cases (but not all) this goal is profitability. Managers work to deploy strategies that earn revenue for the token holders and earn a commission themselves.

Auction

Asset buy-out and token holder pay-out

A token market (and the underlying asset) can be bought out by a large enough bid. It's similar to Elon Musk's bid to buy-out Twitter. It's well above its current share price, so shareholders are happy. This enables assets to return to private ownership. There is a 7-day delay to allow markets to respond to a bid.

Source

Identify assets for fractionalization

Devision and it's partners explain the benefits of fractionalization to owners / managers of premium assets & offer guidance on how to use the Devision Protocol.

Digitize

Bring Assets to the Blockchain

Assets must be represented digitally on the blockchain to utilize the power of Devision. This is what NFTs were designed for - to clearly represent ownership. Our partners provide legal assurances to ensure that NFT ownership = Asset ownership.

Lock

Protect NFT in a smart contract

This is the beginning of the Devision Protocol. The NFT asset is locked. It can only be unlocked if there is a successful buy-out (described below). The beauty of blockchain is shown here, as the process is fully non-custodial. At no time throughout the process does anyone has access to your assets.

Tokenize

Mint fungible tokens

With the NFT locked, tokens are minted to divvy up ownership. Think of it like gold-backed currency. A bar of gold is locked up and 100 tokens are minted. Now 100 people can own some of that gold bar.

Distribute

Equitable distribution, price discovery, and liquidity

Using essentially a dutch auction where the price continually falls until there are buyers, a batch of tokens are sold. This sets a market price, distributes tokens fairly, and provides liquidity to balance our liquidity pool.

Trade

Swap or set orders

Devision offers both instant swapping with our liquidity pools as well as order setting with our order books.

Vote

Elect an asset manager

One of the best parts of owning something is deciding what to do with it. Thanks to blockchain voting, you can vote on what your assets should do and elect asset managers to get it done.

Earn

Managers earn yield for holders

Asset managers are responsible for making the token holders desires a reality. In many cases (but not all) this goal is profitability. Managers work to deploy strategies that earn revenue for the token holders.

Auction

Asset buy-out and Holder pay-out

A token market (and the underlying asset) can be bought out by a large enough bid. It's similar to Elon Musk's bid to buy-out Twitter. It's well above its current share price, so shareholders are happy. This enables assets to return to private ownership.