Credit Coop
  • About Us
    • Introduction
    • Get in Touch
  • ⚙️About Our Products
    • Secured Line of Credit
      • Line of Credit Features (v1)
        • Cash Flow Financing
        • Deploying a Secured Line of Credit
        • Core Lending Functionality
        • Revenue-Based Lending Operations
        • Collateral Operations
        • Credit Events
    • The Spigot
      • Key features of the Spigot
      • Spigot Roles
        • Owner
        • Operator
  • ⚙️User Documentation
    • User Documentation (v1)
    • User Documentation (v2)
  • ⚙️DEVELOPER MATERIAL
    • Introduction
    • Deployed Contracts
    • V1 Developer Material
      • Architecture (v1)
      • Functions and Methods
        • LineOfCredit.sol
        • Oracle.sol
        • Spigot.sol
        • SpigotedLine.sol
        • Escrow.sol
        • EscrowedLine.sol
        • SecuredLine.sol
        • LineFactory.sol
        • Libraries
        • InterestRateCredit.sol
          • Accrued Interest Calculation
          • 'Interest Accrued' contract flow
        • Advanced Jargon
      • Repaying Debt - Function View
      • Valuation Oracle
      • Arbiter Role (v1)
        • liquidate() and declareInsolvent()
        • Spigot related functions
        • enableCollateral()
      • Edge Cases and Risk Situations
      • Security Audits
  • 💼Legal
    • Important Legal Notice
    • Terms of Use
    • Privacy Policy
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  1. About Us

Introduction

Credit Coop is a pioneering onchain structured finance protocol that reimagines how businesses access capital. Our platform leverages blockchain technology to transform future cash flows into leverageable assets, enabling companies to unlock growth without dilution.

At the core of Credit Coop is our innovative Secured Line of Credit, powered by the Spigot smart contract. This groundbreaking technology allows businesses to collateralize their future revenues, creating a novel form of programmatic recourse that enhances capital efficiency for borrowers while providing unparalleled security for lenders.

Key features of the Credit Coop protocol include:

  • Programmatic Recourse: Our Spigot smart contract automates the collection of borrowers' cash flows, eliminating the need for trust in repayments and providing real-time visibility into loan performance.

  • Flexible Collateralization: Credit Coop supports a "mix-and-match" approach to collateral, allowing businesses to leverage both traditional assets and future cash flows to secure credit.

  • Onchain Execution: All lending activities are executed onchain, ensuring transparency, efficiency, and programmability.

  • Composability: Our protocol is designed to be interoperable with existing DeFi ecosystems, allowing for the creation of complex financial products and services.

The Credit Coop V1 protocol focuses on providing capital-efficient financing solutions for businesses while offering attractive, secure lending opportunities for investors. As we continue to evolve, we're committed to expanding our offerings to meet the diverse needs of both borrowers and lenders in the rapidly growing onchain credit market.

This documentation will guide you through the intricacies of the Credit Coop protocol, from its core concepts to detailed technical specifications. Whether you're a borrower looking to unlock growth, a lender seeking secure yield opportunities, or a developer interested in building on our platform, you'll find the information you need to leverage the full potential of Credit Coop.

Join us as we redefine the future of structured finance and unlock new possibilities for growth in the digital economy.

NextGet in Touch

Last updated 8 months ago

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