What is Mu Digital Locked AZND (LOAZND)?
Mu Digital is a protocol focused on bringing Asia based fixed income assets onchain through tokenization. The platform structures credit products, such as government bonds, corporate bonds and private credit, into two onchain tokens. AZND (Asia Dollar) represents the senior tranche backed by underlying credit assets. loAZND is the locked, yield bearing version of AZND. Tokenized assets are held through regulated offchain entities with third party servicing and reporting. Mu Digital publishes onchain data to provide transparency around portfolio composition and yield.
How does Mu Digital Locked AZND work?
The protocol also integrates with DeFi applications such as decentralized exchanges, lending markets, and yield management platforms to expand the utility of its tokens.