Ecosystem
Secured Defined Return Instruments
Primary capital raising instrument, built on digital NFT technology.
What is an SDRI?
The primary capital raising instrument in the Empowa ecosystem is the Secured Defined Return Instrument (SDRI) built on NFT technology.
The Empowa SDRI will have several different characteristics so the Empowa platform provides the framework to make a particular SDRI easy to identify, compare, value, and trade.
This framework ensures that the holder of the SDRI is able to determine whether the instrument is listed at a discount or premium to its intrinsic value.
How it Works?
The role of an SDRI is to provide a financial instrument that allows investors to participate in affordable housing projects in Africa. Investors can select an SDRI based on its financial and qualitative features and receive a coupon for the life of the SDRI.
The Empowa platform protects against default with EMP (Empowa Token) by collateralizing the SDRI with EMP as security against the loan based on the houses to be financed.
In the event of default, the quantity of EMP used to secure the position can be sold on the open market to protect investors from total loss.
Why is it Important?
Investors can view reports on the project and trade out of their position in the market as the qualitative characteristics change over the life of the SDRI.
Overall, the SDRI allows investors to participate in the project while minimizing their risk and providing a potential return on investment.
Benefits of SDRIs
SDRIs offer a wide range of benefits by utilizing new thinking and innovative technologies.
