Banking the Internet of Revenue
attn treats onchain revenue as financeable cashflow when repayment is enforceable and observable.
1. Core model
The attnCredit model combines:
- controlled routing of eligible fees,
- dynamic underwriting from observed cashflows,
- automated servicing through sweeps,
- deterministic control modes under stress.
2. Products built on the model
2.1 Revenue-swept advances
- borrower routes fees into a controlled revenue account,
- facility is sized from risk-adjusted trailing revenue,
- repayment is serviced directly from routed flows.
2.2 Revenue-backed revolving lines
- availability updates as risk and cashflows change,
- utilization discipline and paydown rules are enforced,
- stress controls can tighten or freeze new draws.
3. attnUSD for LP exposure
attnUSD represents pool-level exposure to managed facility portfolios. It is not framed as principal-guaranteed yield.
4. Lane strategy
- Pump lane: proving ground for high-volatility flow with strict controls.
- Settlement lane: conservative settlement liquidity facilities for institutional buyer profiles.
Early-stage credit pool separation avoids commingled risk.
5. Why this matters
This model moves from narrative credit to operational credit:
- repayment is enforced, not requested,
- risk responses are policy-bounded, not ad hoc,
- reporting is loan-level and auditable.