$RECORD Token
Last updated
Last updated
The native token powering ecosystem governance, risk-sharing, and incentive alignment:
Governance (voting, proposals).
Risk underwriting via Guard (in progress).
Credibility signaling within Pools (in progress).
Collateral commitments from issuers (in progress).
The $RECORD token strategically aligns stakeholder interests, embedding governance directly into the protocol's financial infrastructure.
$RECORD is deployed as a multichain token powered by LayerZero, an omnichain interoperability protocol that enables native token messaging across blockchains. This allows $RECORD to maintain a single, unified total supply across multiple chains, rather than fragmented wrapped versions.
To ensure seamless, secure movement of $RECORD between supported networks, we use Stargate, the liquidity transport layer built on LayerZero. Stargate facilitates native asset transfers with instant finality, deep liquidity, and minimal slippage.
LayerZero provides the messaging layer for verifying and executing token transfers across chains.
Stargate handles the actual bridging of $RECORD tokens using unified liquidity pools.
Users can move $RECORD from one chain (e.g., Plume) to another (e.g., Solana or Base) without wrapping or manual mint/burn steps.
The RECORD token contract remains fully synchronised across chains, preserving governance and utility wherever the token travels.