What is Fathom Protocol?

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, USD stablecoin, which can be used to gain exposure to yield opportunities through our RWA Vaults and Trade Finance Pools. Crypto and RWA holders can also borrow FXD using their assets as collateral.

The Fathom Protocol is designed to be the focal point for all DeFi needs on the XDC network, providing a secure decentralized environment for users to deploy their assets in various ways.

The hub has key functions:

• Fathom's FXD: The Over-Collateralized, Soft-Pegged Stablecoin: FXD stands as a cornerstone of the Fathom Protocol, being soft-pegged to the US dollar.

• Fathom's Vaults: Platform designed for astute investors seeking to enhance their digital asset portfolio.

• Fathom's Lending: Decentralized non-custodial liquidity market where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market to earn a passive income, while borrowers can borrow in an over-collateralized (perpetually) or under-collateralized (one-block liquidity) fashion.

• Fathom's Decentralized Exchange (DEX): As the central trading hub within the Fathom ecosystem, the DEX enhances the liquidity of both XDC and FXD. It's a key platform for facilitating secure and efficient trading activities.

• Fathom's Oracles: Decentralized oracle network powered by Fathom's FXD.

• Governance through Fathom DAO: The Fathom protocol is driven by the Decentralized Autonomous Organization (DAO), which integrates the FTHM token, governance, and staking.