Servicing App for Token Issuers and Agents

Introduction

The Servicing App provided by Tokeny enables issuers and their appointed agents to issue, manage, and distribute tokens efficiently. This no-code platform allows users to perform complex tasks without requiring any technical skills. This documentation will guide you through the key features and functionalities of the Servicing Apps.

Issuance

Token Deployment

Token issuance involves not only setting up token information but also configuring permissions to ensure compliance rules are followed and enforced throughout the token’s lifecycle. Our no-code platform offers a user-friendly interface for seamless token setup, allowing you to define both token details and the compliance rules that will govern them from issuance to management.

Defining Token Parameters**

As issuers, you can easily define the parameters of their tokens, including:

Token name
Token symbol
Total supply
Decimal places

Deploying Tokens**

Once the parameters are set, you can deploy the tokens directly from the platform with just a few clicks. Our platform streamlines the process by deploying ERC-3643 tokens and the associated smart contracts in a single blockchain transaction.

Without our onchain factory, token deployment would require 15 separate transactions to deploy the 15 smart contracts that form the ERC-3643 standard. This not only increases gas fees but also introduces 15 repetitive signing processes, making the process cumbersome and costly.

Once one blockchain network (we support any EVM blockchain) has been chosen, the platform will directly trigger the onchain factory for deploying ERC-3643 tokens. The onchain factory ensures using audited official ERC-3643 smart contracts without alteration, guaranteeing a high level of security and interoperability while applying the specific token issuance parameters set by you.

Compliance and Transfer Rules

Unlike other solutions, our token compliance setup is highly flexible. You can configure compliance rules at any point, during token deployment or even after deployment. If regulations change, you can easily update the compliance rules at any time, thanks to the upgradability of the ERC-3643 standard.

Issuers can add compliance rules to their tokens, such as:

Eligibility criteria for investors: jurisdictions, type of investors, etc.
Transfer restrictions: type of transfers, daily transfer limits, etc.
Regulatory requirements: investor numbers per country, etc.

The system is very modular. It leverages onchain identities in order to enforce the rules related to investors. On top of this, it is also possible to add any additional compliance smart contracts for specific rules. A library of pre-made rules is available. Issuers can also decide to add their own rules directly.

Lifecycle Management

Appointing Agents

Issuers can appoint agents to perform daily tasks and operations. Agents can be granted specific permissions to manage tokens on behalf of the issuer. The main operations are usually related to qualifying investors (KYC agents), or supervising transfers and transactions. Also, custodians or registrars can be in charge of the cap table, including the recovery of tokens in case of lost wallet

Token Actions

The platform allows issuers and agents to easily perform various actions on tokens, including:

Mint: Create new tokens
Burn: Destroy existing tokens
Block: Freeze some tokens of selected investors
Unblock: Unfreeze previously blocked tokens
Pause/Unpause: When paused, token holders cannot make transfers
Force Transfer: Transfer tokens from one holder to another
Recovery: Recover lost or stolen tokens

To perform these actions, authorized Agents can simply select the investors by their names and confirm actions by signing a blockchain transaction through their wallet. No technical skills are required. Operations can be made one by one or in batch.

Real-Time Cap Table

The platform provides a real-time cap table, which is a list of token holders at any point in time. This feature allows you to:

View the current list of token holders
Check the list of token holders at any date in the past
Track ownership of digital assets in real-time

Tokens are linked to onchain identities rather than wallets, ensuring accurate and transparent ownership tracking.

Transaction Management

The Servicing Apps allow issuers and agents to manage transactions for both the primary and secondary markets directly from the no-code console. This includes:

Defining the type of authorized transfers: DvP, conditional transfers, etc.
Managing primary market transactions (initial token distribution)
Managing secondary market transactions (subsequent token trading)

Distribution

With our solution, issuers can enable their investors to trade tokens on any distribution platform in DINO network, a distribution network for ERC-3643 tokens, all while ensuring compliance. That includes:

Digital trading desks (OTC, Billboards, etc.)
Regulated trading venues (exchanges, ATS, MTF, etc.)
Decentralized exchanges
DeFi protocols

Tokens issued on our platform are ERC-3643 tokens, fully compatible with any blockchain-based platform that supports ERC-20 tokens. However, transactions only occur when compliance rules are fully met, ensuring that wherever your tokens are traded, compliance is enforced.

Additionally, you retain full control over your tokens, no matter where they are being used and traded. Through our Servicing App, you can pause tokens at any time to maintain security across the blockchain. You’ll also have control over whether tokens are tradable and which distribution channels your investors can access.

Conclusion

The Servicing App from Tokeny empowers issuers and their agents with a comprehensive, no-code platform to efficiently issue, manage, and distribute tokens. From seamless token deployment using the ERC-3643 standard to ensuring ongoing compliance and controlling token distribution, our platform simplifies complex processes while maintaining high security and flexibility. Whether it’s managing compliance rules, appointing agents, or enabling secondary market transactions across multiple platforms, you remain in full control of your tokens throughout their lifecycle.