The problem
Many individuals and microbusinesses can't buy in installments because they have no banking history. And merchants won't sell to them on credit because they have no way to cover themselves if they don't pay.
Supported by
What is AvalDAO
Credit for people without a history, with no default risk for the seller
The solution
AvalDAO issues a guarantee that backs each installment with real money from the guarantee fund. That money stays reserved in a smart contract while the guarantee is active, so the merchant knows they will get paid.
Funds reserved per guarantee
When the guarantee is signed, the full amount moves from the fund to that guarantee's contract. It's not a promise: it's money set aside.
Rules in smart contracts
Installments, their dates, and who can claim or release funds are written into the contract and signed by every party.
Everything verifiable onchain
The fund balance and the status of every guarantee are public on the Rootstock network. Anyone can audit them.
How it works
From request to guaranteed payment, in 5 steps
Every guarantee brings together four participants: AvalDAO, the applicant, the guaranteed party, and the merchant. This is how it works.
1
ApplicantRequest
The applicant presents the guaranteed party, the purchase to finance, and the installment plan.
2
AvalDAOReview
AvalDAO reviews the case and, if accepted, creates the guarantee's contract on the blockchain.
3
EveryoneSigning and funds reserved
All four participants sign the terms. At that moment the full amount is reserved in the guarantee's contract and the guarantee becomes active.
4
Guaranteed partyPaying installments
The guaranteed party receives the good or service and pays the merchant. Each installment paid is released and its money returns to the fund to back someone else.
5
MerchantIf an installment goes unpaid
After the due date, the merchant opens a claim and receives that installment's payment from the guarantee's reserved funds.
The life of an installment
Each installment has two key dates that define when the merchant can claim and when it is considered paid.
Funds reserved
The installment's money is set aside in the guarantee's contract.
Due date
From here on, if the guaranteed party hasn't paid, the merchant can open a claim.
Release date
If there was no claim, the installment is considered paid and its money returns to the fund.
Live transparency
Don't take our word for it: verify it
The guarantee fund and every guarantee live in public Rootstock contracts. These figures come straight from the blockchain.
Rootstock Mainnet
Guarantee Fund
USD*
* Expressed in DOC, a dollar-pegged stablecoin
Who are you?
A place for every participant
AvalDAO works because every party gains something concrete. Find yours.
Merchant
What you gain
Sell in installments to new customers without taking on default risk.
What you do
You sign the guarantee and, if an overdue installment isn't paid, you open a claim to collect it from the fund.
Create a merchant accountApplicant or organization
What you gain
Support entrepreneurs in your network and get them access to credit.
What you do
You present the case, follow the guarantee, and release each installment once it is paid.
Request a guaranteeGuaranteed party
What you gain
Access credit without a banking history and build your reputation by paying on time.
What you do
You sign the guarantee and pay the merchant according to the agreed plan.
Create my accountFund contributor
What you gain
Your contribution backs several guarantees and returns to the fund every time an installment is paid.
What you do
Today contributions are voluntary and have no financial return. Investing with yield is in development.
Investing: coming soonProject evolution
Guarantee fund roadmap
Today the fund is sustained by voluntary contributions. The next leap is enabling investor participation with smart contracts and transparent yield.
Current state
01
Donation-based fund
People who contribute capital do so voluntarily to strengthen guarantee coverage, without direct financial return.
Next stage
02
New smart contracts
We are designing contracts to manage contributions, risk rules, and result distribution in an automated and auditable way.
Future vision
03
Yield for investors
The goal is for investors to participate in the fund and earn sustainable yield aligned with the real performance of guarantees.
Frequently asked questions
What you need to know before you start
The most common questions about how guarantees, the fund, and the technology behind AvalDAO work.
What is an AvalDAO guarantee?
It's a guarantee that backs an installment purchase. The full amount is reserved in a smart contract and, if an installment isn't paid, the merchant collects it from those funds.
Who can request a guarantee?
It's started by an applicant, such as an organization, tutor, or sponsor, who presents the guaranteed party and the purchase to finance. AvalDAO reviews the case and decides whether to accept it.
Do I need a wallet or crypto knowledge?
To take part in a guarantee you need a wallet address, since that's how you sign the terms and get registered in the contract. No prior experience is required: you can create your account and connect your wallet from the platform.
What happens if the guaranteed party can't pay an installment?
Once the due date has passed, the merchant opens a claim and receives that installment's payment from the funds reserved in the guarantee's contract.
What currency backs the guarantees?
In DOC (Dollar on Chain), a dollar-pegged stablecoin on the Rootstock network. Guarantee amounts are expressed in US dollars.
What happens to the funds once every installment is paid?
Each installment paid is released and its money returns to the guarantee fund, where it becomes available to back new guarantees. When no installments remain, the guarantee is marked as completed.
How do I know my guarantee is real and backed?
Every guarantee has its own contract on Rootstock and its terms are signed by all four parties. You can check the contract, its installments, and the reserved funds on the explorer.
Ready to take the first step?
Create your account, connect your wallet, and start requesting or receiving guarantees backed by the guarantee fund.