Overview
Paxos is a regulated financial technology company providing blockchain-based infrastructure for stablecoins, asset tokenization, and settlement.
57Blocks partnered with Paxos to develop and deploy smart contracts supporting rebasing tokens as collateral and enabling multi-chain issuance. The engagement focused on expanding Paxos’s on-chain asset management capabilities through secure and auditable contract architecture.
What 57Blocks delivered
Rebasing token collateral
Designed and implemented smart contracts to manage balance adjustments, transfer logic, and profit allocation across participating roles.
LayerZero OFT integration
Built a token issuance workflow using the LayerZero mint/burn model to support seamless distribution across multiple EVM-compatible chains.