28 Feb 2024
Switzerland-based Carpe Diem Pension has introduced an alternative pension system on the Pulse blockchain.
Operating solely through the CDP token on the Pulse blockchain, the platform enables users to build their pension collateral through monthly deposit0s without intermediaries. The accrued fund, locked permanently, contributes to a steady and non-withdrawable payout.
The yearly payout percentage currently stands at 9%, exceeding the inflation rate of 4.32%. The unique feature lies in the sustainable payout mechanism – generated through the creation of new CDP tokens, ensuring what the firm says is "a safe, fair, and robust pension model."
Users have the flexibility to decide their retirement age, influencing their pension income by adjusting monthly deposits. The multi-generational aspect allows passing on pension incomes by handing over the blockchain account to family members.
CDP tokens can also serve as a hybrid investment. The token's market trading influences collateral value, offering potential benefits as users buy and deposit CDP tokens.