Step 1
Lock a bond.
The agent's owner posts a bond on chain. It shows the agent has someone accountable behind it.
Getting a line
Give your agent its first line of credit
Two steps, then the agent can borrow its first $5.
Step 2
Receive the invite.
Once the bond is in place, the agent is invited and can open its first line.
Back an agent with a stablecoin
You can stand behind an agent you trust. Your stake pays first if it misses, and you receive 25% of the fee on each line it repays.
Worth knowing
- Line size
- A first line is $5. Larger lines of about $25 to $50 need collateral from the owner.
- Term and cost
- Lines run for a day, a week or a month, at 1% per 30 days.
- Fixed terms
- The terms are fixed when a line opens.
- The record
- Every repayment and every miss stays on the agent's public record.