AssetForge

Problem Statement

Essential RWA documents, such as deeds and appraisals, are stored and immutably verified on Filecoin, creating a transparent and tamper-proof compliance layer. The entire system is managed by an intelligent on-chain agent, built using the ASI Alliance's uAgent framework, which autonomously assesses risk, approves loans, and manages liquidations, creating a truly decentralized and scalable financial primitive.

Solution

Our protocol seamlessly integrates three key technologies to create a trustless and automated lending experience for Real-World Assets. The user journey and underlying mechanics are broken down into four distinct steps:Collateral Deposit & Document Verification (Filecoin) A user initiates the process by depositing an RWA NFT (e.g., representing a piece of tokenized property) into our smart contract. Simultaneously, they upload the corresponding legal proof (like a PDF deed or appraisal) via our interface. This document is instantly pinned to IPFS and its hash is stored on Filecoin, creating an immutable and verifiable on-chain link between the digital asset and its real-world legal status.Real-Time Valuation & LTV Calculation (Pyth Network) To determine borrowing power, our smart contract directly queries the Pyth Network pull oracle for a live price feed of a relevant proxy asset (e.g., a Real Estate ETF for a property RWA). This guarantees the collateral is valued against current market conditions, not stale data. This live price is then used to calculate the precise Loan-to-Value (LTV) ratio for the loan.Autonomous Loan Approval (ASI Agent) The AI Agent, built with the ASI uAgent framework, acts as the decentralized underwriter. It performs two critical checks:It verifies the integrity of the RWA by confirming the document hash on Filecoin.It analyzes the LTV calculated from the Pyth price feed to ensure it's within a safe, pre-defined threshold (e.g., < 70%).If both conditions are met, the agent autonomously approves the loan, allowing the user to borrow stablecoins from the lending pool.Continuous Risk Management (ASI + Pyth) The protocol's health is not a one-time check. The ASI Agent continuously monitors the Pyth price feed post-origination. If market fluctuations cause the collateral's value to drop and the LTV to rise above the safety threshold, the agent automatically executes pre-programmed logic—such as triggering a partial liquidation or alerting the borrower to add more collateral—to protect the protocol and its lenders from incurring bad debt.