Maze aims to liberate the control of monetary policies to the people, just like Bitcoin aims to liberate the rights of currency issuance to the people.
PSBs are tokenized, easily calculated, managed by smart contracts, composable, with no explicit pay-off date.
Funding Maze Protocol’s asset pools creates an investment in perpetual smart strip bonds issued by the protocol, which will then settle a passive revenue every ten minutes in the form of MAZE.
Using the credit generated from collateral on Maze Protocol, the perpetual smart zero-coupon bonds are issued for users to borrow a selection of assets from the protocol without interest falling due.
Maze Protocol relies on a unique master issuance algorithm called Stratified Harvest Regulating (SHR). SHR is implemented through Farmbase smart contracts and allocates MAZE to different asset pools through well-defined rules based on the asset pools’ price feeds and supply-demand status. The sharing of Maze ecosystem’s revenue is the cornerstone of the protocol value. The mechanism ensures that the demand side’s costs of borrowing along with other revenues will be transmitted to the supply side.
The Maze services are delivered separately within several products which serve different purposes.
Provides the core functions of the money market: supply, loans and liquidation.
Provides the premium functions of the money market: to forge and melt ZUSD.
Provides the supportive functions of the money market: data analysis, governance and revenue sharing.
Provides the cross-chain drawing right transfer ability, and the atomic migration service of the MAZE token.
Provides advanced analysis services and the search engines for every Maze account to look up transactions on the middleware.
Read the litepaper to learn from a non-technical perspective about the protocol’s concepts, structures and tokenomics, etc.
Study the whitepaper to learn from a technical perspective about the protocol’s principles and implementation.
Check the gitbook to find out the rules and parameters in use on Neko Network and Maze Protocol.
Follow the blog to keep updated with the newest events, progress and announcements regarding the project.