Trilobyte
  • 📖Trilobyte Documentation
  • User Docs
    • Introduction
      • What problem is the protocol trying to address?
      • Use case examples
    • Vault Overview
    • For Borrowers
      • The Vault phases
        • The Funding Phase
        • The Approval phase
        • The Lending Phase
        • The Completed Phase
        • The Closed Phase
        • The Default Phase
      • Receiving a loan
    • For Investors
      • Loan financing
      • Withdrawals
    • Vault payments
    • Protocol Revenue and Fees
    • Default Procedure
    • Governance
  • TECHNICAL DOCS
    • Smart Contract Architecture
  • Stellar futurenet tests
    • Freighter wallet
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    • Testing deposits and withdrawals for a Vault in Funding status
    • Testing approval and withdrawal of a loan by the borrower
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Vault payments

How making payment works?

Payments are made on a regular basis throughout the lifetime of the loan and before its due date. There are two type of payments:

  1. Payments made by Payment Actors to the Vault according to their legal obligations. This is a manual process that need to be initiated by the Payers.

  2. Payments allocated by the Vault to Investors. This is an automatic process that is executed according to the loan repayments schedule.

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Last updated 2 years ago