Post
Topic
Board Bounties (Altcoins)
Re: Get the Note - a digital token by Republic, a US company backed by Binance & Neo
by
Neverlessyou
on 13/05/2019, 11:22:51 UTC
Token DPA — an interest bearing loan that can be converted to tokens
When you join a project on Republic Crypto, you typically receive a security called the Token DPA (Debt Payable by Assets) from the company you loaned money to.

As a loan contract between you and a blockchain startup, the Token DPA is the right to receive interest on your loan or have your loan paid back in the future with the token. The ability to have your loan paid back in tokens is contingent on a trigger event, meaning you will not receive tokens unless a token distribution event occurs.