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  • Introduction
    • General Context
    • Thesis
  • Glossary
  • Participants
    • Originators
      • How we managed to reduce costs and increase efficiency
    • Investors
      • Enhanced debt financing products
    • Borrowers
  • Platform Mechanics
    • AmFi Pools
      • Characteristics of a tokenized asset
      • Example of an operation
    • ABRL: Our stablecoin
    • Junior & Senior Tranches
      • Example of how tranches work
    • Custodial Wallets
    • Legal Setup
  • Roadmap
  • Investing through AmFi
    • Registration process
    • Transfer of funds to the platform
    • Investing in a Pool
  • How to launch a pool
    • Originator Journey
    • AmFi Factory
    • Pool launch!
  • FAQ
  • Compliance
    • Obsession for security
    • The AmFi platform
    • Regulators
    • AmFi policies and manuals
    • Best practices adopted by AmFi
  • Other references
    • Terms and Conditions
      • 1. Introduction
      • 2. Updates to the terms
      • 3. The services
      • 4. Use of our services
      • 5. Intellectual property
      • 6. Limitation of liability
      • 7. Bad behavior
      • 8. Governing law and legal disputes
      • 9. Our commitments to you
      • 10. Miscellaneous
      • 11. Contact us
    • AmFi Privacy Policy
      • 1. Definitions
      • 2. What Personal Data we collect and process
      • 3. Why we collect and process personal data
      • 4. Cookies and other tracking technologies
      • 5. Who else has access to the personal data and why
      • 6. What are your rights with respect to the personal data
      • 7. How we store and protect your personal data
      • 8. When we delete your personal data
      • 9. International transfer of personal data
      • 10. Do you need to provide your consent for AmFi to use your personal data as per this policy?
      • 11. Security measures
      • 12. Websites of third parties
      • 13. Children’s and teenagers’ data
      • 14. How to make a complaint
      • 15. Changes to this privacy policy
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  • Personas
  • Mechanics

Glossary

Personas

Originators: fintechs, credit operators, consultancies and any profile that in any way originates credit with an already established customer network and is interested in offering banking services to this group or optimizing a financial service they already provide.

Borrowers: clients of these originators in supported countries that access capital through AmFi Pools using their available eligible assets as collateral.

Investors: asset management companies, family offices and qualified investors (individuals), interested in fixed-yield on-chain investments backed by financial assets.

Mechanics

AmFi Pools: lending pools created by Originators. They are used to generate loans to Borrowers and can be invested by Investors. They are backed by a corporate structure pre-built by AmFi and provide full coverage of the capital flow, along with all the transparency provided by the blockchain.

Junior Tranche: the junior (first-loss) capital segment of the AmFi Pool, funded by Originators or institutional investors chosen by the Originator.

Senior Tranche: the senior (second-loss) capital segment of the AmFi Pool, funded by investors.

Tranche Token: a token representing the investment in a particular pool (either the junior or senior tranche).

Crypto wallet: solution that allows users to interact with applications within the blockchain.

KYC and KYP (Know Your Client/Partner): a set of standards and requirements for verifying the identity of a client or partner to protect against fraud, corruption, money laundering, and terrorist financing.

Off-chain: infrastructure required for the proper functioning of the AmFi mechanism, such as bank accounts or traditional payment systems.

Off-chain to on-chain: applications that bring off-chain data and/or assets onto the blockchain, such as collateral tokenization.

On-chain: solutions that are entirely based on smart contracts and built on the blockchain, such as lending pools.

SPV: Special Purpose Vehicle is the legal entity that represents the pool for real-world purposes (i.e., loan custody, collection, collateral execution, etc.).

Lending Pool: a set of smart contracts and legal structures of the operation that implement the pool's business rules and on-chain cashflow.

Time to liquidity: pre-determined period of time in which a withdrawal order is actually executed.

Eligibility criteria: rules set by the originator when a Pool is established that will determine which assets can or cannot be purchased by the pool. This aligns interests of investors and originators and ensures that the invested funds are used in accordance with the pool policy.

Pool Policy: terms and conditions of the pool that set the rules for the operation of the pool's smart contract, such as pool size, Originator information, eligibility criteria, fees, etc.

Originator Agreement: general terms and conditions to which the Originator will be subject. The goal is to define the responsibilities regarding the platform itself, not specific to a particular product.

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Last updated 2 years ago