Roles in Definitize: The Asset Contributor

The Definitize Asset Contributor:
Asset Contributors are those who provide funds to enable the financing of healthcare projects. Each asset pool is formed to specifically fund a healthcare project with clearly identified needs of patients and doctors (and care delivery organizations) worldwide. Asset pools are designed to pay interest and share of the pool income. Asset pool contributors typically contribute SOLVE or stablecoins, in compliance with pool contribution terms and eligibility requirements. Each pool shall have its own terms of contribution and interest/income redemption.

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Examples of Asset Pools are:

1. Consumer medical device financing
2. Professional device and facility financing
3. Cash flow and accounts receivable lending to doctors (and hospitals, labs etc.)
4. Physician Practice Insurance
5. Consumer Supplemental Insurance
6. Drug research and discovery financing
7. Any healthcare project as approved by Definitize citizens

Asset Pool Index Token (PITx) (x represents Asset Pool x)
PITx is an ERC20 token that represents a share of the risk adjusted value of the pool as determined by measures provided the pool oracle(s). PITx is generated automatically in direct proportion to the assets contributed to Asset Pool x and burned when assets are withdrawn.

1. PITx token is an index token of the Asset Pool x
2. PITx token is generated when assets are contributed into Asset Pool x
3. PITx token value represents the contributed asset value including all earned accrued and anticipated income from the pool and is calculated daily
4. PITx token value will change based on pool performance
5. PITx token holders are entitled to receive the principal, interest, and income
6. PITx token is the key for asset withdrawal and interest/income distribution

Asset Pool Index Token Redemption

At the end of the commitment period, as a PITx token holder, the Asset Contributor has the right to redeem principal, interest, and any income share from the pool in accordance asset pool’s terms and conditions.

How Asset Contributors Fund Asset Pools, PIT(x) issued and redeemed.

About Definitize:

Definitize is the first Decentralized Autonomous Healthcare Financing Organization (DAO) created specifically to deliver highly innovative financial solutions for deserving projects in the healthcare market. Definitize provides an opportunity for the community to get involved in a 100% community-governed, sustainable, and scalable DeFi DAO. Definitize has a comprehensive decentralized financing framework targeting the healthcare market, serving actual patients, doctors, and care organizations, while generating sustainable returns for both the DAO and its community.
There are three main roles in which one can participate in Definitize: A Citizen, an Asset Contributor and a Distributor. It is possible to participate in all three roles simultaneously.