Fixed-Income Token

Overview

The Fixed-Income Token is a secured digital asset backed by real-world assets. The total supply of Fixed-Income Tokens will be backed by real-world assets that are provided by Sky Motor Sdn. Bhd. on a minimum 1:1 basis in Malaysian Ringgit (RM).

The real-world assets must be able to generate cash flow for example loan receivables, which was then used to complete the Fixed-Income token buyback process from token holders who owned the digital asset.

In order to introduce the new category of secured digital asset in the Malaysian capital market, Fixed-Income Token will seek approval to be listed on the IEO platform in Malaysia. This is done to ensure that the Fixed-Income Token is under the regulation of the Securities Commission (SC) Malaysia.

Token Minting

Sky Motor Sdn. Bhd. will be pledging loan receivables in order to mint the Fixed-Income Token. As agreed upon, the assets to be pledged by Sky Motor Sdn. Bhd. will be on a 140% over-collateral basis.

The company will be pledging a total of RM14 million in order to mint 10 million Fixed-Income Token, which makes it 140% over-collateral.

Upon the pledged loan receivables were confirmed, the 10 million Fixed-Income Token will be minted. After that, the Fixed-Income Token will then transferred to IEO operator to proceed for the IEO Listing.

Specification

• Name: Fixed-Income Token

• Symbol: FIXIN

• Network: Polygon Matic

• Decimal: 8

• Total Supply: Uncapped

• Contract Address: