Bezalt
$BEZALT Terminal
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Private credit for tokenized assets

Borrow against it.
Keep all of it.

Draw USDG against tokenized stocks and real-world assets. Nothing is sold, and nothing about the portfolio behind the proof is disclosed.

Model a credit line How Bezalt works
Robinhood Chain 4663 Token $BEZALT Fixed fee no interest Escrow never sold or lent Passport EIP-712 · revocable Protocol v1.0

How a line opens

Four moves. No exit.

Read the full walkthrough
  1. 01

    Verify

    Ownership, valuation, eligibility and liabilities are checked off-chain by the attester. The chain never sees the inputs.

  2. 02

    Passport

    A signed, time-boxed proof: eligible, a capacity bound, an expiry. Nothing else about the portfolio.

  3. 03

    Draw

    Pledge the asset into escrow and draw USDG from the stability pool for one origination fee.

  4. 04

    Repay & release

    Repay exactly what you drew, any time, from any wallet. The escrow returns in full.

What Bezalt does

Verified in private. Borrowed in one step.

Collateral checks, kept private

Ownership, valuation, eligibility and existing liabilities are confirmed privately before a tokenized asset backs a stablecoin loan.

One proof. Every venue.

Carry a single private collateral passport across wallets, chains and lending venues without repeating full verification.

Ownership
Verified
Valuation
Fresh · oracle-bound
Eligibility
Passed
Liabilities elsewhere
None found
Disclosed on-chain
Outcome + capacity only

A passport for your collateral

Reusable proof across wallets, blockchains and lending platforms, while exact holdings stay confidential.

Returns from outcomes, not the clock

Stability-pool participants earn from liquidation gains, protocol rewards and partner revenue, never from interest accruing over time.

0%

Interest, ever

One origination fee per draw, capped on-chain at 10 %. You repay exactly what you drew.

The fee model

Worked example

Pledge $100,000 of tokenized equities.

Collateral class

Illustrative class parameters from the documentation. Everything is computed in your browser.

  1. Borrowing capacity$60,00060 % max LTV
  2. Origination fee$9001.5 % of a full draw
  3. Net proceeds$59,100received in USDG
  4. You repay$60,000no interest accrues
  5. Liquidation buffer20 %price drop before the 75 % maintenance line
Open this scenario in the terminal

Where the fee goes

Every fee is split on-chain. The treasury's share buys back $BEZALT.

Fee routing spec
  1. 01 · Origination fee = amount × feeBps / 10 000

    Charged once, at draw time, inside CreditLine.draw. Nothing accrues afterwards.

  2. 02 · Split 70 % pool · 30 % treasury

    poolFeeShareBps stays in the stability pool as depositor income; the remainder is transferred to the treasury in the same transaction.

  3. 03 · Buyback USDG → $BEZALT, per epoch

    The treasury share funds BuybackRouter: capped, TWAP-bounded market purchases that anyone can trigger once per epoch.

  4. 04 · Settlement burned · reserved

    Purchased $BEZALT is split by burnBps between address(0) and the staking reserve. Every run emits a Buyback event.

Epoch
24 h
Cap per epoch
≤ 2 % of pool depth
Price bound
±1.5 % of 30-min TWAP
Burn share
50 % (governable)
Status
Specified for v1.1 · not deployed

$BEZALT is the Bezalt protocol token. Supply, distribution and the staking reserve are published with the v1.1 contracts; the buyback above is its only programmatic demand source and it never draws on pool principal.

$BEZALT is the Bezalt protocol token. Supply, distribution and the staking reserve are published with the v1.1 contracts; the buyback above is its only programmatic demand source and it never draws on pool principal.

The stability pool: one body, lit from two sides.

Two sides, one pool

Built for both sides of the pool.

AspectRWA borrowerPool participant
You bringTokenized stocks, treasuries or fund units, pledged into escrow.USDG, deposited into an ERC-4626 vault.
You getUSDG up to the class LTV and your passport's capacity.Fee income, liquidation gains and partner revenue.
It costsOne origination fee per draw. No interest, ever.Nothing. Withdraw from idle liquidity at any time.
Protected byEscrow that is never sold or lent; a 48 h timelock on every parameter.Maintenance LTV and a liquidation bonus sized so the pool is made whole by construction.

Integrations

One private credit layer. Every financial surface.

Built for wallets, lending markets, RWA platforms and financial applications that need reusable private verification.

Integration guide
Wallets
Show passport status and available credit; let users draw or repay without leaving.
Lending markets
Accept a passport as the eligibility signal and share revenue with the pool.
RWA platforms
Give holders a liquidity path that never redeems or transfers the asset off-platform.
  • Securitize
  • Centrifuge
  • Backed
  • Ondo
  • MetaMask
  • Coinbase
  • Phantom
  • Ledger
  • Compound
  • Morpho
  • Aave
  • Illustrative. Logos indicate compatible venue types, not partnerships.

Protocol at a glance

Bounded on-chain. Governed slowly.

Read the whitepaper
0%
Interest, everOne origination fee per draw, capped on-chain at 10 %. Repay exactly what you drew.
≤ 98%
Maintenance LTV boundMax LTV must sit below maintenance; bonus and keeper fee are capped so the pool is made whole by construction.
48h
Timelock on every admin actionSix immutable contracts. No proxies. The deployer renounces admin rights at launch.
4663
Robinhood ChainArbitrum Orbit L2, ETH gas, Ethereum settlement. Built for issuer-controlled stock tokens.

Start here

Keep it all.
Put it to work.

Model a credit line in the terminal, or read how fixed fees, the stability pool and private verification fit together.

Open terminal Read the docs