Solutions / Onchain Credit
Originate and Distribute Faster.
Prove every loan met your committed criteria, so no allocator has to re-underwrite you first. The model and the borrower file never leave.
The problem
The Diligence Does Not Scale.
$20B of onchain credit is outstanding, and every dollar of it was underwritten twice: once by you, then again by whoever funded it.
Every allocator restarts your diligence
Capital arrives at the speed of relationships and data-room access, and none of that work carries to the next one.
Your underwriting ability is the franchise and the liability
It is the reason your book performs, and it is the one asset you cannot show to the people asking why it performs.
Publishing data is difficult
Borrower data is usually restricted by contract or by law, so transparency is not a lever available to you even when you would pull it.
What POY enables
Criteria the Book Cannot Break.
Your origination rules become part of the program the pool proves against. A loan outside the credit box is not flagged for review. It is not written.
Eligibility, concentration limits, tenor bounds and collateral requirements are enforced at the moment a loan is written.
Underwriting is the product, and it is made of exactly the material you cannot publish. An onchain proof carries your conclusion without the evidence.
Never leaves your infrastructure
Borrower identity and financials
Names, statements, covenants and the diligence file go into the proof privately and never come out of it.
The underwriting model
Weights, thresholds and the feature set that make your credit calls yours stay on your infrastructure.
Pricing and terms per loan
The spread you struck, and why, stays commercial information.
Who this is for
Originators Whose Growth Is Capped by Diligence.
Private credit desks, RWA platforms and lending protocols where the underwriting is genuinely good and genuinely unshowable.
How it works today
Each allocator re-underwrites your process from scratch
Credit-box adherence is asserted in a monthly report
The model can drift with nobody outside noticing
Scaling origination means scaling trust conversations
With POY
One proof per loan, checkable by anyone, no data room
Adherence is a precondition of the loan being written
A model change is announced onchain before it is live
Scaling origination means scaling the book
Originate and Distribute at Lightspeed.
One proof per loan. No data room, no re-underwriting.