cTOKENs - Commodity Collateral

cTokens are derivatives designed to track the price of an agricultural asset.

This opens up new possibilities for DeFi protocols to use a new type of digital asset for collateral.

Currently, DeFi protocols are either built around the native asset ETH or various USD stablecoins. cToken commodities offer reduced volatility without the long-term devaluation of fiat-based stablecoins.

cTokens are tradeable via an internal marketplace that collects landowner yield in USDC and offers it at market value for cTokens.

cToken exchange prices are updated via a 3rd party oracle that uses futures pricing data from traditional finance exchanges.

All tokens are ERC20 compatible and deployed to the Ethereum mainnet.

In due course, the assets will be bridged across to popular layer 2 rollups with market leaders including Optimism and Arbitrum currently being considered.