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  • Welcome to Nash21
  • Team
  • Contact
  • WHITEPAPER
    • Prologue
    • 1. Introduction
      • 1.1. Creating equations to open new doors
      • 1.2 Mission and Vision
      • 1.3. Working of Nash21
      • 1.4. Uses and Participants
    • 2. Operational working of the protocol
      • 2.1. Tokenisation and use of the Rental Contract
      • 2.2. Application for “Nash21 Guarantee” by the Tenant
      • 2.3. Buying and Selling of NFTs
    • 3. Nash21 Guarantee
      • 3.1 Introduction to the Nash21 Guarantee
      • 3.2. Components of the Guarantee Fund
        • 3.2.1. Introduction
        • 3.2.2. LCA or Liquid Capital for Administration
        • 3.2.3. RF or Reserve Fund
        • 3.2.4. MCR or Minimum Capital Risk
        • 3.2.5. YRF or Yield of the Reserve Fund
    • 4. Protocol revenues
    • 5. Tokenomics
      • 5.1. “Protocol Controlled Value (PVC)” Strategy
      • 5.2. N21 tokenholder strategies
      • 5.3. Intrinsic nature of N21
      • 5.4. Monetary Policy
        • 5.4.1. Token distribution
      • 5.5 Governance
        • 5.5.1. Governance Fund
        • 5.5.2. DAO Foundation N21
    • 6. Roadmap
    • ANNEXES
      • Annex 1. Aspects of the internal process of Nash21
  • USER GUIDES
    • Guides to understanding Nash21
  • How do I tokenize my rental agreement?
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  • 2.2.1. Using a Scoring process
  • 2.2.2. Depositing crypto assets as a Guarantee
  1. WHITEPAPER
  2. 2. Operational working of the protocol

2.2. Application for “Nash21 Guarantee” by the Tenant

The uses and customs across most of the world dictate that the person that pays the guarantees and/or surety when it comes to renting is the tenant. In other words, the tenant is the one that must provide certainty to the owner so that in the event of any incident or non-payment, someone will take responsibility for them. On Nash21, the tenant may also handle their rental guarantee.

The tenant starts the process either autonomously of their own accord, or as a result of a membership request pursued by the owner of the apartment they want to rent. For either of these two cases, the Tenant will have two different ways of obtaining their “Nash21 Guarantee”.

2.2.1. Using a Scoring process

Where their risk profile and individual circumstances will be analysed, with this analysis determining the result of “approved”, “Rejected” or “needing reinforcement”. In the latter case, one or several guarantors must be added to the application in question, in order to improve the tenant’s application and prevent the guarantee from being denied.

2.2.2. Depositing crypto assets as a Guarantee

Tenants that are holders of crypto-assets, will be able to obtain their “Nash21 Guarantee” by depositing certain assets as “collateral security”, with the feature that they will continue to be subject to the yields and volatilities of each case.

The percentage of capacity and collateralisation will depend on each type of asset and will be determined by Nash21's governing body.

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Last updated 3 years ago