Cross-Chain Real World Asset Tokenization

Any developer can create, register, and mint Real World Assets natively on any chain supported by the pigeons in the Paloma Validator set.

On all chains, Paloma Validators monitor an ERC-20 Factory contract called the ETF Purchaser Contract that handles creation of ERC-20 stock token that corresponds to a Real World Asset on the PalomaDex API.

Create a Real World Asset Token

• Write to the ETF Purchaser Contract using the create_signle_etf function. (the spelling in signle is deliberate)
• Inputs to the function are:
  • _token_name
  • _token_symbol
  • _token_description
  • _etf_ticker
  • _expense_ratio (the expense ratio is for ETF tickers only)

Buying a Real World Asset Token (Minting step)

• Write to the ETF Purchaser Contract using the buy payable function. Inputs to the payable function are as such:
  • A user can buy with ETH or any token which listed on Uniswap v3 and Curve
  • _etf_token The etf_token address is the token the user will purchase.
  • _etf_amount The token amount
  • _recipient The recipient EVM address
  • _path The path for swapping the input token into USDT. We use Uniswap v3 and then Curve for swap paths on all target chains.
  • _min_amount The default is 0 (it's for the min amount for swapping into USDT)

PURCHASE SETTLEMENT NOTE: Real World Assets Purchased will be verified off-chain with Paloma's custodians that funds are received. Once funds are received on the target chain, the asset will mint.

Selling a Real World Asset Token (Redeem or Burning Step)

• Write to the ETF Purchaser Contract using the sell external function. Inputs to the external function are as such:

  • _etf_token This address is the token the seller wants to sell
  • _etf_amountThe token amount
  • _estimated_amount The estimated PalomaUSD (PUSD) amount after sell. Developers can get estimated amount from the etfapi/v1/customindexprice api on PalomaDex.
  • _recipient: The recipient's EVM address

  SELLERS SETTLEMENT NOTE: Real World Assets sold are redeemed for PalomaUSD (PUSD) stablecoin on all target chains. Any user can withdraw PUSD for USDT on any target chain. Also, any user can redeem PUSD for USDT on https://www.palomadex.com/ (opens new window) using Buy/Sell to sell PUSD to receive USDT.

Target Chains For Cross-Chain Real World Asset Tokenization

All blockchains listed below are currently supported by Paloma's relay pigeons and allow for remote message execution. Token prices are identified by ticker symbol and covers stocks, ETFs, currencies, as well as crypto assets. New blockchains will be added by the validator set as Paloma community votes them into governance.

Target Chain	chain-ref-id	Chain Type	Real World Asset Purchaser Contract	Real World Asset Token List	Real World Asset Token Prices
Arbitrum Mainnet	arbitrum-main	EVM	0xA2b87...412F5 (opens new window)	Arbitrum Chain Real World Asset Token List (opens new window)	Arbitrum Chain Real World Asset Token Prices AAPL Ticker on Arbitrum Example (opens new window)
Base Mainnet	base-main	EVM	0x2E528...832ed (opens new window)	Base Chain Real World Asset Token List (opens new window)	Base Chain Real World Asset Token Prices AAPL Ticker on Base Example (opens new window)
BNB Chain mainnet	bnb-main	EVM	0x3b637...49264 (opens new window)	BNB Chain Real World Asset Token List (opens new window)	BNB Chain Real World Asset Token Prices AAPL Ticker on BNB Example (opens new window)
Ethereum Mainnet	eth-main	EVM	0xD3Ab7...80198 (opens new window)	Ethereum Chain Real World Asset Token List (opens new window)	Ethereum Chain Real World Asset Token Prices AAPL Ticker on Ethereum Example (opens new window)
Gnosis Mainnet	gnosis-main	EVM	0x25BF3...38915 (opens new window)	Gnosis Chain Real World Asset Token List (opens new window)	Gnosis Chain Real World Asset Token Prices AAPL Ticker On Gnosis Example (opens new window)
Polygon Mainnet	matic-main	EVM	0xA2b87...81f8E (opens new window)	Polygon Chain Real World Asset Token List (opens new window)	Polygon Chain Real World Asset Token Prices AAPL Ticker on Polygon Example (opens new window)
Optimism Mainnet	op-main	EVM	0x397c5...01687 (opens new window)	Optimism Chain Real World Asset Token List (opens new window)	Optimism Chain Real World Asset Token Prices AAPL Ticker on Optimism Example (opens new window)

Real World Asset Custody

All real world assets backing all created and registered are custodied by VolumeFi Software, Inc. and Vera Labs, Inc for the Benefit of the Paloma Foundation, Cumulet Technologies LTD BVI. All tokens are Registered under United States Reg S securities rules. All purchases are expected against Dancing Banana Ltd, Caymans. All token creators are expected to abide by requirements under Reg S that prohibit purchases from United States citizens. Token Purchase Agreements and Memorandum available on request.