Core Pillars
DET is designed as the core utility asset of the DeFi Elevate ecosystem.
🔹 Platform Functions
Access to lending/borrowing features
Use LP tokens as collateral for loans
Reduced reliance on over-collateralization
Direct exposure to under-collateralized lending mechanics
AI-integrated systems will determine other dynamic factors affecting creditworthiness.
🔹 Token Utility
Users who stake DET tokens and/or provide liquidity to DET pools may increase their wallet-based credit score, allowing them to Boost their credit scores and borrowing power.
Staking DET may also allow participation in DAO governance to vote on key protocol decisions and risk models
DET may back insurance pools, rewarding long-term stakers.
Important Note: DET v1 is the initial fundraising token. After the PinkSale launch has been completed, DET v2 will be developed and then deployed, integrating stronger security, audit fixes, and expanded utilities. All DET v1 holders will migrate 1:1 into DET v2.
Future Potential Utilities:
Real-World Asset (RWA) Integration: Tokenized stocks, ETFs, and real estate may be used as collateral, with the DeFi Elevate’s Lending & borrowing platform playing a central role in risk scoring and governance.
Cross-Collateralization: Users may combine DeFi tokens, LP positions, DET staking, and tokenized assets for a more flexible borrowing profile.
Details of AI models, credit boost formulas, and RWA partnerships will be announced as the protocol matures.