Zero Interest Protocol

In summary, our protocol is designed after Liquity on Ethereum. It will incorporate two tokens; a stablecoin and a secondary token. ROKS

• USD-pegged stablecoin used to pay out loans
• Can be redeemed any time against the underlying collateral at face value. VTT
• Secondary token issued by Zero Interest Fi
• Captures fee revenue generated by the protocol

Here are the major DeFi use cases:

1. Borrow ROKS against SOL by opening a borrowing position called a "Trove"
2. Secure the Zero Interest Protocol by providing ROKS to the stability pool in exchange for rewards
3. Stake VTT to earn the fee revenue paid for borrowing/redeeming ROKS
4. Redeem 1 ROKS for 1 USD worth of SOL when the ROKS peg falls below $1 (arbitrage) Here are the advantages to bringing this to Solana:
5. Our company will bring a new decentralized stable-value asset to Solana (in the form of our stablecoin ROKS)
6. It will bring a best in class minimum collateral ratio of 110%
7. The protocol is designed to be non-custodial, immutable and governance-free
8. Due to low gas fees on Solana, we're able to have lower borrowing fees and higher APYs as we do not need to set aside a "liquidation reserve" like protocols do on Ethereum to mitigate fees