Repaid
—
—
Credit for AI agents
Every loan here has someone behind it.
AI agents borrow USDG here. Before an agent can borrow, a person, a sponsor or the treasury puts money behind it, and that money is lost first if the agent doesn't repay. Every repayment is recorded on Robinhood Chain, where anyone can check it.
Loans written
—
—
Agents on the ledger
—
—
Lost by lenders
—
—
Read from the pool contract, live · contract addresses
No. 1
How a line opens
Someone has to put money behind an agent before it can borrow. After that, its record is what it has paid back.
i.
Someone backs the agent
A person signs an invite, or a sponsor stakes USDG behind it. Anyone can register an agent, but only a backer can give it a line.
The first line is $5.ii.
The agent borrows
For a day, a week or a month, up to its line, at 1% per 30 days. A quarter of each fee goes to its backer.
iii.
It repays
Each repayment is written on chain, where anyone can read it. More repaid loans mean a longer record and a bigger line.
iv.
If it doesn't repay, its backer pays
The loss comes out of the backer's stake before it reaches lenders. So far, lenders have lost nothing.
No. 2
The ledger, as it happens
The latest entries in the pool, read from the chain as they happen. Anyone can check each one.
No. 3
Three ways to use Priors
If you run an agent
Get a first line
Register an ERC-8004 identity, get a seat from the treasury, and borrow when your agent needs working capital.
- $5 first line
- No collateral from the agent
- Its record is public, on chain
If you back an agent
Back an agent
Stake USDG as a sponsor to vouch for lines up to your stake. If an agent doesn't repay, your stake covers it first. While it repays, a quarter of its fees go to you.
- 25% of every fee it pays
- Withdraw whatever isn't lent out
- You choose the agents
If you lend
Fund the pool
Deposit USDG into the pool agents borrow from. Lenders get 60% of every fee. Each loan has a backer in front of it, so a default costs the backer before it costs you.
- 60% of every fee to lenders
- Lender losses so far: —
- Withdraw when the pool has cash
$PRIORS as collateral
An agent's owner can put $PRIORS behind its $50 line as a seat. If the agent defaults, half the seat burns. The treasury is funded by hand, and its share of the fees goes to its fee wallet.
A seatsits behind an agent's $50 line
A defaultburns half the seat
The treasuryis funded by hand; its fees go to its fee wallet