Description
Fathom Protocol is a comprehensive DeFi platform providing liquidity solutions to both retail and institutional participants. Users can deposit XDC and staked XDC to mint FXD, a USD stablecoin, which can be used to gain exposure to yield opportunities through RWA Vaults and Trade Finance Pools. Crypto and RWA holders can also borrow FXD using their assets as collateral. As a decentralized liquidity protocol, Fathom offers FXD, an overcollateralized, and softly pegged stablecoin, allowing users to borrow by providing collateral in various asset pools like Comtech Gold (CGO), XDC, and psXDC. The platform includes functionalities for lending, managing vaults, and a decentralized exchange (DEX). Fathom provides a web-hosted user interface to access its decentralized protocol on public blockchains like XinFin (XDC), which allows users to trade and borrow digital assets. The protocol consists of open-source, self-executing smart contracts and is managed by the Fathom Decentralized Autonomous Organization (DAO). Users interact with the protocol using non-custodial wallets, maintaining control over their assets.