Switzerland-based Carpe Diem Pension has introduced an alternative pension system built on the Pulse blockchain, offering users a way to build retirement savings without traditional intermediaries.

Operating through the CDP token, the platform allows users to make monthly deposits that accumulate as locked collateral, generating a steady payout that cannot be withdrawn early. The annual payout rate currently stands at 9%, above the prevailing inflation rate, with new CDP tokens generated to sustain the mechanism.

Users can determine their own retirement age and adjust monthly contributions accordingly. The system also has a multi-generational dimension — pension income can be passed on by transferring the blockchain account to family members.

CDP tokens can additionally function as a hybrid investment, with market trading influencing the value of the underlying collateral.

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