Prestio
  • Introduction
    • Overview
    • Summary
    • Mission & Vision
  • How it Works
    • For Lenders
      • Provide Liquidity
      • Yield Farming
      • Staking
      • Withdraw Earnings
      • Withdraw Liquidity
    • For Borrowers
  • Understanding the Market
    • Traditional Real Estate Finance Problems
    • Real World Assets & DeFi
    • Market Fit
  • Valuation Methodology
    • Asset Valuation Methodology
  • On-Chain with Asset Warehousing
    • Asset Warehousing
      • How it Works
      • Asset Valuation
      • Interest Reserves
      • Existing Financing Obligations
      • Transparency
    • Risks & Mitigations
      • Asset Counter Party Risk
      • Residual Liabilities
      • Title Defect
      • Asset Value and Collateralization Level
      • Security
      • Interest Reserves
      • Loan Repayment
  • DAO
    • Governance
    • The REVAB
  • Partners
    • Market Leading Partners
  • Audit
    • Smart Contract Audit
  • Terms & Conditions
    • Terms and Conditions
    • Privacy Policy
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  1. On-Chain with Asset Warehousing
  2. Asset Warehousing

How it Works

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Last updated 2 years ago

Prestio has developed innovative business processes, technology solutions, and a decentralized governance structure, enabling a transparent, secure, and community-owned process for tokenizing real-world assets.

On-boarding of an asset on-chain starts with 3rd party appraisals of the assets. The appraisals are conducted by at least two market-leading firms using the same methodology. The resulting figures are averaged, thus setting the parameters for the loan (you can read more details about this process in the Appraisal Methodology section). Further, the asset title is insured.

The asset is then brought on-chain using ERC-1155 (NFT) smart contracts. On-chain interest reserves and liability reserves are also set up for the asset.