Capital Efficient Private Credit
Cicero is a contract-to-contract credit market for institutional borrowers. Our design will use a multiple pool approach to both mitigate risk and attract different lending appetites.
Cicero’s core borrowers will be largely web3 market makers, selected hedge funds as well off-chain lending opportunities such a property bonds (RWAs).
All governance decisions and underwriting will be made by staking Cicero. Staked Cicero can be used to reback loans in the event of defaults. To avoid governance manipulation, we will make sure of depreciating voting power (the closer you are to unstaking, the less voting power your tokens hold).