Institution-grade architecture for real-world assets.
Dual-Chain Architecture
dVIN operates across both EVM and Solana ecosystems to balance security, liquidity, and speed.
Base Layer: Per-Bottle Tokens
Implemented as ERC-1155 or Solana compressed NFTs, representing individual, specific bottles in custody. Highly non-fungible, carrying specific condition data and history.
Liquidity Layer: Baskets
Implemented as ERC-20 or SPL tokens representing a claim on a standardized pool of assets (e.g., "Bordeaux 2015 Index"). Fungible, liquid, and suitable for DeFi collateral.
Legal Framework
Blockchain enforcement is meaningless without real-world legal binding. dVIN utilizes a MiCA-compliant securitization vehicle wrapping each Digital Cork.
Under this structure, tokens are classified as Asset-Referenced Tokens (ARTs) or transferable securities, depending on the jurisdiction. The bonded warehouse acts as a legally recognized bailee, bound by contract to recognize the token holder as the ultimate beneficial owner of the physical asset.
Risk Management
Lending against physical assets requires stringent downside protection. Our risk parameters include:
- Conservative Loan-to-Value (LTV): Initial drawdowns capped at 40-50% of the 30-day moving average price.
- Continuous Mark-to-Market: Oracle networks update collateral valuations daily based on secondary market trades.
- Automated Resolution: If margin thresholds are breached, smart contracts automatically initiate legal transfer of title to the lender.
- Physical Custody: Collateral cannot be physically moved or accessed by the borrower while a lien is active.
EU Policy Alignment (Work in Progress)
dVIN Labs is actively engaging with European regulatory sandboxes to align our infrastructure with the Digital Euro and broader monetary sovereignty goals.
Note: We are currently participating in grant application processes focused on agri-food resilience and RWA leadership. This work is exploratory and no funding has been awarded to date.