TechFlow reports that on June 25, OPNX, a credit trading platform founded by Su Zhu and others, announced the launch of its first Launchpad project, Raiser, via an official Twitter post. Raiser is described as a permissionless credit issuance and secondary market liquidity platform that leverages a credit scoring system to enable anyone to borrow based on their on-chain and social media reputation.
Specifically, borrowers can raise funds by issuing zero-coupon bonds, lenders purchase these bonds to earn fixed returns, while traders can trade these bonds on the secondary market. This mechanism allows lenders to access liquidity before debt maturity and offers traders opportunities to participate in a genuine credit market.
The Raiser ecosystem will be powered by its native token, RZR, which will be used for transaction fees and governance. Using the veRZR token, Raiser’s governance will operate in 90-day cycles, managed by core contributors and veRZR addresses with high staking amounts. Additionally, 10% of the RZR supply will be allocated to OX stakers.
