Phyken Network is a Layer 1 app-chain and DeFi protocol on Polkadot, building an RWA asset fractionalization protocol, particularly emphasizing #GRWA: renewable energies and solar power on the blockchain.
Phyken Network solutions for RWA complexities:
✅ Phyken ID: Authenticity via DIDs & verifiable credentials.
✅ AI-based Compliance Engine: Assurance of regulatory adherence.
✅ Attester Infrastructure: Validation of owners, assets, and investors.
✅ Third-Party Permissionless Audit Framework: Transparent on-chain records for security & efficiency.
Q1: What is Phyken Network?
Phyken Network is a Layer 1 app-chain and DeFi protocol on Polkadot, focusing on building an RWA asset fractionalization protocol with a particular emphasis on #GRWA, involving renewable energies such as solar power.
Q2: Where can I find more information about Phyken Network?
For more details, visit our official website at https://phyken.network.
Q4: How can I stay updated on project developments and announcements?
Follow us on Twitter at https://x.com/phyken_network for the latest news, updates, and announcements.
Q5: Who are the primary users targeted by Phyken Network?
Phyken Network caters to two primary user personas: Asset Originators, individuals and entities looking to collateralize their energy assets, and Liquidity Providers, those offering DeFi liquidity seeking new investment opportunities.
Q6: What solutions does Phyken Network offer for RWA complexities?
Phyken Network implements solutions such as Phyken ID for authenticity and traceability, an AI-based compliance engine for regulatory adherence, an Attester Infrastructure for validating investors and assets, and a Third-Party Permissionless Audit framework for transparent on-chain transactions.
Q7: How do liquidity providers benefit from Phyken Network?
Liquidity providers gain access to fractionalized pools, presenting investment opportunities in different projects listed on-chain by asset originators.
Q8: Can I contribute to the Phyken Network project?
Absolutely! We welcome contributions and engagement from the community. Join our community channels to connect with us and explore collaboration opportunities. For any additional questions or inquiries, feel free to reach out through our community channels or visit our website.