> For the complete documentation index, see [llms.txt](https://whitepaper.prosperavest.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.prosperavest.com/ensc/the-naira-stablecoin-engnsc/technology-stack-and-processes/flow-of-funds.md).

# Flow of Funds

The life cycle of <mark style="color:green;">ENSC</mark> involves five general steps, and it encompasses various other applications. E.g. as a debt token on [htttps://app.prosperavest.com](https://app.prosperavest.com)

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Step 1­: User deposits Fiat Naira (NGN) into account(s) held in trust by partner banks through third party payment processor (Flutterwave).

Step 2:­ ProsperaVest ESG LTD generates and credits the user’s EVM based wallets with <mark style="color:green;">ENSC</mark>. <mark style="color:green;">ENSC</mark> enters circulation. Amount of fiat Naira deposited by user = amount of <mark style="color:green;">ENSC</mark> issued to user (i.e. 10k Naira deposited = 10k <mark style="color:green;">ENSC</mark> issued)

Step 3­: Users transact with <mark style="color:green;">ENSC</mark>. The user can transfer, exchange, and store <mark style="color:green;">ENSC</mark> via a p2p, open­source, pseudo anonymous, Blockchain ­based platform.

Step 4:­ The user deposits <mark style="color:green;">ENSC</mark> with ProsperaVest ESG Limited for redemption into fiat currency.

Step 5:­ ProsperaVest ESG Limited destroys the <mark style="color:green;">ENSC</mark> and sends fiat currency to the user’s bank account via third party payment processor (Flutterwave)

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Users can obtain <mark style="color:green;">ENSC</mark> outside of the aforementioned process via an exchange or another individual. Once <mark style="color:green;">ENSC</mark> enters circulation it can be traded freely between any business or individual. For example, users can purchase <mark style="color:green;">ENSC</mark> from listed exchanges soon. The main concept to be conveyed by the <mark style="color:green;">ENSC</mark> Flow of Funds diagram is that ProsperaVest ESG Limited is the only party who can issue <mark style="color:green;">ENSC</mark> into circulation (mint them) or take them out of circulation (burn them). This is the main process by which the system solvency is maintained.