1. Identity verification (KYC)
By invitation only: your identity is verified before any access to deposits or credit, with no exceptions.
2. Deposit your collateral
Stablecoins, tokenized precious or industrial metals, or ETH, on the Ethereum network.
3. Credit granted automatically
350% of the amount deposited, unlocked as soon as your request is validated (minus a 2% origination fee, charged once).
4. Spend with your card
Use your credit line internally or directly with your bank card.
5. Repay to release the collateral
Up to 60% repaid automatically by the collateral's yield; the rest by personal contribution. Conversely, a sharp drop in the collateral's value can lead to its liquidation.
The detail of the real rates and fees lives on the Pricing page, and the detail of automatic repayment, including the liquidation risk in the event of a sharp drop in the collateral's value, on the Yield page.
The detail of each step
1. Identity verification
Access is by invitation only. Once your account request is accepted, an account and a temporary password are communicated to you offline, then your identity is verified before any other operation. As long as this status is not confirmed, generating a deposit address and any credit request are technically blocked, not just discouraged.
2. Depositing the collateral
Depending on the asset chosen, the deposit address provided is either individual (credited automatically as soon as it's confirmed on-chain) or pooled between clients (you declare your deposit, an advisor validates it manually once the funds are actually received). The corresponding credit is issued automatically as soon as the available balance reaches the amount requested, with no additional manual intervention on our part.
3. Credit issuance
350% of the amount deposited, at the rate in effect at the time of lock-in: a position already locked in always keeps this rate, even if the ratio later changes for new clients. The origination fee (2%) is charged only once, on the credit issued, not on your collateral.
4. Using the credit
The credit granted is only a ceiling: no interest or repayment is due as long as you don't actually use it (card payment, internal use). It's a revolving credit line, not a loan paid out all at once into your available balance.
5. Repayment
Two channels, daily and automatic for the first: the real appreciation of your collateral (up to 60% of the credit issued), and your personal contribution for the rest. Full repayment releases your collateral, which becomes withdrawable again. Conversely, a severe depreciation of the collateral (50% since it was deposited) leads to its liquidation, without erasing the credit already used.
Frequently asked questions
What happens if my KYC is rejected?
No financial operation is possible as long as the status is not verified. In the event of rejection, the company may refuse, suspend or close the account concerned, particularly in case of doubt about the declared identity.
How long does approval of a credit request take?
It varies depending on back-office workload: a request goes through a manual validation queue before it can receive a deposit. The credit itself is issued automatically as soon as the funds are received, with no additional delay once the request is approved.
Can I withdraw my collateral before repaying everything?
No. Locked collateral remains blocked as long as the corresponding used credit has not been fully repaid. Only the available balance, excluding locked collateral, can be freely withdrawn at any time.