Debt DAO is the one stop shop for trustless onchain credit providing secured lending solutions for revenue-based financing to cryptonative entities. This has spawned an open, permissionless, onchain marketplace where for the first time DAOs, protocols, and public goods can borrow from their future cash flows to grow sustainably.
Debt DAO is 100% anonymous. 100% onchain. 100% trustless. No KYC. No legal contracts. No fiat.
As the first enabler of trustless, secured lending our focus is to facilitate the best debt financing in the most efficient way. This will catalyze DAO growth and cryptonative onchain economic activity that strengthens our ecosystem instead of leaking value back into fiat like USDC.
Our flagship products are the Spigot that trustlessly collateralizes onchain cash flows and a line of credit that lets DAOs continuously borrow against these cash flows. Together these create fully onchain credit infrastructure allowing DAOs to access business loans trustlessly, permissionlessly, and anonymously for the first time ever. Let’s explore how these two new primitives, primarily the Spigot, can also be used to create incentive-aligned onchain M&A markets for DAOs and protocols.
Debt DAO ❤️ Public Goods
Debt DAO does economic and technical R&D on incentive alignment and coordination mechanisms that unlock new possibilities for builders and communities through alternative financing models. We are devoted to building public goods infrastructure that give DAOs access to cryptonative financial services available to traditional fiat businesses. More than just DAOs, we are creating new funding opportunities for public goods infrastructure itself like providing ETH gas fee liquidity L2s using sequencer fees as revenue to open source dev tooling using grant matching as revenue.
🎧 Listen to our Gitcoin Twitter Space about Extending Public Goods Funding Using Revenue-Based Financing with our Founder Kiba
Of course our protocol is also public goods! We are fully open source and our contracts have no governance, no fees, and are designed to be forked and iterated upon.