ETH Layer (ZK Verifier + Collateral Registry)

🧮 ETH Layer (ZK Verifier + Collateral Registry)

This layer is deployed on Ethereum (and EVM networks like BNB). It verifies proofs from the Zcash layer and manages $pUSD minting, burning, and collateral positions.

🔑 Key Contracts

Contract
Function

ZK Verifier Contract

Validates zero-knowledge proofs of collateral.

Collateral Registry

Tracks overcollateralization ratios and liquidation thresholds.

Stablecoin Controller

Handles minting, redemption, and peg logic.

⚙️ Minting Logic

  1. Receive ZK-Proof from Zcash Layer.

  2. Verify collateral → Confirm overcollateralization ≥ 170%.

  3. Mint $pUSD to user wallet.

🛡️ Liquidation Logic

If collateral ratio falls below 130%, AI agents trigger auto-liquidation auctions.

🌍 Supported Chains

  • Ethereum

  • BNB Smart Chain

  • (Upcoming) Base / Polygon / Linea

The ETH layer is where trustless accounting meets programmable stability.

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