Earn
Eligible commerce programmes may distribute FZR under their reward rules.
FZR
Risk capital for the Finanzer network.
FZR is Finanzer’s proposed network asset. It is being designed to connect participation, merchant rewards and voluntary allocation to defined credit-risk mandates.
Participation and risk are separate choices.
Earning, holding or locking FZR is distinct from committing it to a specific risk mandate.
Hold or lock
Proposed participation benefits and reward tiers have their own conditions.
Allocate to risk
Eligible participants may voluntarily join a defined Protection Vault mandate.
A Protection Vault needs an explicit loss agreement.
The proposed vault model sets the covered assets, claims conditions, resources, limits and loss allocation. Premiums compensate participants for the risk they accept.
Allocated risk capital can be impaired. Holding a volatile token does not itself guarantee immediately available money for claims; funding and conversion arrangements must be defined.
Follow the premium, the claim and the recovery.
The credit obligation and the protection mandate each keep their own records.
Premium
An agreed premium is allocated to the relevant protection arrangement.
Claim
A qualifying event starts the contractual claim process.
Loss
Covered losses draw on the funded resources within the agreed limits.
Recovery
Later recoveries are allocated according to the applicable waterfall.
Rewards follow a separate commercial budget.
Merchants fund eligible customer incentives. A programme may earn or purchase FZR for distribution; that reward does not automatically enter a Protection Vault.
Explore commerce rewardsKnow what each asset represents.
The proposed model separates borrowing, settlement, participation and protection.
| Role | Meaning |
|---|---|
| Lending capital | Money supplied under the credit agreement. |
| Stablecoins | Permitted settlement assets, with their own issuer and redemption risks. |
| FZR holding | A network asset with no fixed-value promise or automatic credit-loss exposure. |
| FZR risk allocation | Voluntary participation under a defined mandate, with potential losses. |
| Protection returns | Economics depend on premiums, fees, claims and recoveries; no guaranteed yield. |
- Role
- Lending capital
- Meaning
- Money supplied under the credit agreement.
- Role
- Stablecoins
- Meaning
- Permitted settlement assets, with their own issuer and redemption risks.
- Role
- FZR holding
- Meaning
- A network asset with no fixed-value promise or automatic credit-loss exposure.
- Role
- FZR risk allocation
- Meaning
- Voluntary participation under a defined mandate, with potential losses.
- Role
- Protection returns
- Meaning
- Economics depend on premiums, fees, claims and recoveries; no guaranteed yield.
Keep the token separate from the credit instrument.
The proposed technical direction considers an ERC-20 token on Base, subject to final legal and technical decisions. Credit assets and investment instruments need not use that network.
Participation services
Separate locking, reward, treasury and vesting responsibilities.
Risk services
Mandates, claims and recoveries linked to the relevant assets.
Controls
Permissions, governance, contract review and operating procedures.
Stablecoins and FZR have different jobs
Stablecoins and FZR have different jobs.
Eligible stablecoins can carry loan funding and repayments. FZR supports proposed participation and voluntary allocation to a defined risk mandate. The loan, the token and any protection contract keep separate records.
Funding and repayment
The facility names the accepted assets and payment routes.
Participation and risk
The FZR programme and any risk mandate specify their own rights and conditions.
No automatic exposure follows from holding or locking. Risk participation is voluntary and governed by the specific mandate.
No. The proposed protection is defined by its contracts and funded resources. Returns and losses depend on the relevant structure.
Examine the proposed risk model.
Discuss the participation rules, funded resources, loss allocation and recovery rights a mandate would need.