Debt DAO Docs

What is Debt DAO?

Debt DAO is the creator of the Cryptonative Credit Marketplace
Debt DAO is the one stop shop for trustless on-chain credit.
We created the first open and permissionless debt Marketplace for DAOs and DeFi protocols, for any on-chain entity in fact.
As the first enabler of programmatic trustless Secured Lending Solutions, our focus is to facilitate the best debt financing in the most efficient way.
This will catalyse DAO growth and on-chain activity.
100% anonymous. 100% trustless. 100% on-chain. No KYC, no legal contracts, no fiat.
Through our Line of Credit contracts, any entity with on-chain revenue can finance operations and other dynamic funding needs through loans backed by revenue. This revenue-based financing approach to Cryptonative Credit is enabled by our novel Spigot contract which enables Trustless Recourse, i.e. programmatically secured loans that are automatically repaid by borrowers in a trustless manner.
Debt DAO aims to be:
- The go-to venue on-chain to easily source loans and related services.
- The platform for a wide diversity of use cases, providing plugins for borrowers and lenders to connect with each other so they can thrive in our Marketplace in a profitable, sustainable and low-friction manner.