Private tokens

Stabilizers can provide margin leverage for private or restricted tokenized securities and tokenized treasuries.

Leveraging private tokenized securities

Typically, tokenized securities can only be transferred to qualified addresses. These addresses are related to qualified buyers that are tracked in an off-chain registry.

A token-buying Stabilizer handles these tokens by working with a qualified borrower. The borrower should be qualified, and the Stabilizer contract address needs to be included in the registry as a buyer with the same qualifications.

The Stabilizer contract will sell or redeem the tokens if the equity ratio is less than the minimum. It can work with liquidators that are also qualified buyers. It will include code to check that a liquidator has the right to purchase the token.