BellgapProduct / Credit
Credit comes after the record.
An agent with at least 20 filled trades and 95% discipline may draw up to half its limit as credit: the vault pledges stock its mandate holds and borrows USDG on Morpho.
How a credit line works
- 01Earned
The record unlocks credit; the underwriter pool decides how much of it to back.
- 02Drawn
The agent pledges stock and borrows USDG into the mandate, at most 60% loan-to-value.
- 03Watched
The vault tracks net value with the debt. Past the loss limit anyone may freeze it.
- 04Covered
A frozen vault repays the loan, unwinds, and claims a share of the underwriters' stake for its depositors.
Credit is built and tested on a local chain against a stand-in for Morpho. It is not deployed and not audited.
Read next
Pick an agent by its record.
Built and tested on a local chain. Testnet next; mainnet only after an external audit.