credit infrastructure for your platform.

your users hold tokenized assets and need liquidity without selling them. vigente prices each borrower's limit from their on-chain history, on contracts anyone can audit. you don't build a credit engine — you integrate one.

credit primitive live on stellar testnet · no native token · custody in verifiable contracts

position simulator
collateral deposited$1,000 USDC
LTV75%
available to borrow$750
rate adjustment−1.5 pt

the LTVs and score cutoffs are what get_tier_ltv returns today on the margin controller deployed to testnet. the rate adjustment is illustrative: the rate comes from pool utilization, and calibrating it is part of the pilot.

verifiable contracts · live testnetpool: composes on blend (audited)prices: our own sep-40 aggregatorstellar · soroban

how it works

three steps for your platform's user. collateral lives in a verifiable contract — not on your balance sheet, and not on ours.

01

deposit collateral

USDC, XLM or tokenized real-world assets (e.g. treasuries). it's locked in a public stellar contract anyone can audit.

02

borrow stablecoins

receive liquidity instantly, up to the limit set by your LTV. repay at your own pace and reclaim your collateral when you close the position.

03

your reputation improves your terms

on-time repayments — and, if you authorize it, verified income or remittance data — raise your LTV and lower your rate over time.

not a generic CDP

in a standard lending protocol everyone gets the same deal: same LTV, same rate, no matter how many times you've repaid well. your track record is worth nothing.

vigente adds a reputation layer on top of the pool: your behavior — verifiable on-chain, enrichable with off-chain data you consent to — translates directly into more borrowing power per unit of collateral and a better rate.

LTVtypical CDPfixed, same for allvigentedynamic, reputation-based
ratetypical CDPutilization onlyvigenteimproves with history
your historytypical CDPdoesn't countvigenteis the core asset
off-chain datatypical CDPnot a thingvigenteoptional, consented

who it's for

integrator · primary focus

platforms whose users already hold assets

wallets, fintechs and RWA platforms whose users need liquidity without selling. you own the user relationship and the KYC; we provide the credit engine, the reputation-priced limit and custody in auditable contracts. no token to adopt, no permission to ask for.

protocol

lending markets that want risk-priced terms

any soroban contract can read the reputation badge and its associated LTV, and use them to differentiate terms. our sep-40 aggregator — the same one occupying our pool's oracle slot — is published as an open reference for the network.

tokenized-asset issuer

whoever issues the bond and wants it to work as collateral

there is over $3B of tokenized real-world assets on stellar, and just above $2M accepted as collateral in lending markets (redstone, aug-2026). your instrument is not idle for lack of credit demand: it is idle because accepting it requires continuous pricing and issuer-risk controls almost nobody built. we built them deliberately — per-asset and per-user caps enforced at deployment, an exit route whose destination is fixed at init with no setter, and a contract that reverts rather than operate on a price it could not validate.

end user

whoever borrows inside that platform

deposit collateral, receive stablecoins, reclaim everything on repayment. every on-time repayment raises the limit and lowers the rate. the sections below are a demo of that experience — what users of an integrated platform would see.

demo · end-user experience

this is what credit assessment looks like for your user

this is the same assessment that would run inside an integrated platform, opened up here so you can try it yourself. answer four questions for an initial score; connect a wallet and we also read your real reputation from the live contract.

just want to read your on-chain badge? → /passport

the calculation happens in your browser. nothing is sent or published on-chain.

···

fill in the form and calculate your initial score. no wallet or assets needed.

know your on-chain payment capacity

today: read your on-chain reputation. soon: it improves your collateralized credit terms.

connect your wallet or paste your stellar address and we read your state from the live reputation contract (get_score / is_defaulted — permissionless read, no signature). if you already hold a badge, your on-chain score appears next to the estimate.

built on proven infrastructure

we don't reinvent the lending pool: we compose over audited, verifiable pieces and add the reputation layer.

blend

the lending-pool infrastructure, audited and in production on stellar. the pilot pool composes on top of it (orbit pattern) instead of rewriting it.

our own sep-40 aggregator

our pool's oracle slot is immutable and holds our aggregator, which today routes to reflector and can take on more sources without redeploying the pool. includes a deviation guard against anomalous price jumps.

stellar · soroban

settlement in seconds with sub-cent fees. smart contracts on soroban.

verifiable contracts

every line of code that custodies your reputation and collateral is public and verifiable in the explorer. nothing opaque in the trust path.

live primitive

it already runs on stellar testnet: 3-of-5 threshold oracle, reputation badge, our own sep-40 price feed and an isolated lending pool built on it. you can read it below, right now.

no native token

no governance token, no inflated emissions. the plan is to earn from credit, not from speculation — the fee module is roadmap, not shipped.

live on-chainreading…
threshold
3 / 5
ed25519 quorum
oracle keys
5
independent signers
wallet age floor
—
anti-sybil gate
contract
CDLLO7QE…
testnet · soroban
CDLLO7QE…HWVD · stellar.expert →

integrate vigente or join the pilot

if you're building a platform and want to offer credit to your users, get in touch: the mainnet pilot starts capped and with few integrators. if you're an end user, leave your email and we'll tell you when there's room in the first pool.

no spam. pilot updates only. we never publish your data on-chain.

the vision

less collateral over time

today, every loan is backed by collateral. but every on-time repayment is evidence — and accumulated evidence should be worth something.

the destination is a glide-path: as your reputation consolidates, the required collateral goes down. fair credit for anyone who builds a track record, even if no bank knows them. that's the goal — not a day-1 promise.

today
over-collateralized
loans backed 100%+ by collateral. reputation adjusts LTV and rate.
next
reduced collateral
proven history unlocks progressively lower collateral ratios.
destination
reputation-based credit
access to fair credit based on verifiable history, on-chain and off-chain.

getting started

from whitelist to your first loan, in six steps.

01
whitelist
leave your email and reserve your pilot spot.
02
stellar wallet
create or connect your wallet (e.g. freighter).
03
deposit collateral
USDC, XLM or RWA are locked in the contract.
04 · optional
connect data
income or remittances to pre-qualify your reputation.
05
borrow
receive stablecoins up to your LTV limit.
06
repay and climb
every on-time repayment improves your terms.
THE REPUTATION NETWORK

every repayment is a block. every block is reputation.

vigente turns financial behavior into a verifiable asset on stellar. no intermediaries with opinions — only on-chain evidence, cryptographically provable.

~5s
settlement on stellar
<$0.01
cost per transaction
100%
verifiable contracts

roadmap

phase 1 · done
credit primitive on testnet

3-of-5 threshold oracle, soulbound reputation badge and our own sep-40 price feed. every contract verifiable in the explorer.

phase 2 · done
collateralized pool live

our own isolated pool on blend, with our sep-40 aggregator in the oracle slot — immutable — routing to reflector. full cycle verified on-chain: deposit, borrow, repay and withdraw, plus custody proven under an adversarial pause. evidence published in the repository, with transaction hashes.

phase 3 · in progress
◆ we are here
hardening + tokenized assets + ramp

proportional liquidation, per-user exposure cap and on-chain fees; first tokenized fixed-income asset as collateral; fiat ramp connected end to end.

phase 4 · after that
capped mainnet + public sdk

capped, whitelisted mainnet launch under multisig and timelock, with an sdk and integration docs for third parties.

phase 5 · vision · no date
the wallet, on chain

users operating their own credit from their own wallet, with no custodial intermediary, on a glide-path: less collateral required as reputation consolidates. this is the product direction, not a dated commitment.

frequently asked questions

the pool composes on blend, audited infrastructure in production on stellar, and prices arrive through our own sep-40 aggregator routing to reflector. all contracts are public and verifiable. honestly stated: the MVP is on testnet today, every collateralized loan carries risk (volatility, smart contracts), and you should never deposit more than you can afford to lock.