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 Our Products
  2. The Spigot
  3. Spigot Roles

Operator

The Operator is an address through which an obliging party in an agreement is still able to execute whitelisted functions to carry on business as usual related to a Revenue Contract.

As a reminder, during the life of the agreement, the Revenue Contract is controlled by the Spigot Owner for the benefit of one or more further parties to the agreement.

The Operator is also the address which receives all remaining Revenue Tokens that are not escrowed in the Spigot for the benefit of the Owner.

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Last updated 7 months ago

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