1. An (institutional) investor’s wallet address is imputed in the investment product’s specific white list after the KYC process has been carried out; n.b. The KYC process occurs off-chain per the time being
2. The investor invests a certain amount of stablecon in a specific investment product, which is technically a smart contract of the liquidity pool interface kind; for each investment, a unique investment code is assigned
3. Each investment product is connected to one or more loan book(s) to be financed; the information on these loan books is readily available to the investor
4. As soon as the funds have been allocated to the investment product, these are dispatched to the loan books connected to that specific investment product. The portion of the invested fund allocated to each loan book is specified into the investment product itself. Each loan book consists of a unique loan product. Once in the loan book, the funds can be disbursed to the bowwoers
5. The liquidity pool coordinates all transfers and interactions between investment products and loan books and it acts as accounting capability for the liquidity in the system
6. A borrower’s wallet address is imputed in the white list of a specific loan book after the KYC and credit scoring processes have been carried out; n.b. The KYC and credit scoring processes occur off-chain for the time being
7. Provided the borrower fulfills the minimum requirements for accessing the loan product on a specific loan book, she requests and receives a loan disbursed on her account
8. After the tenure of the loan has expired, the borrower pays back the principal and interest on the loan product; n.b. The loan product of a specific loan book can be configured along a number of dimensions like tenure, interest rate, repayment scheme, grace period and so on