Resource Finance

The ReSource protocol provides a mutual credit clearing mechanism, allowing for cashless trade and interest free loans. On ReSource, merchants, businesses and other prosumers access unique, interest free credit lines. Users can use these credit lines to trade with each other, while settling their debts in kind – meaning, clearing their debt by selling goods and services to other users until their loans are repaid. This settlement procedure allows for an internal monetary system to arise – creating a new form of stable cash that doesn’t need to be pegged to fiat in order to preserve value stability. The first trading network built on ReSource – The ReSource Network – focuses on trade among SMBs and merchants, but the protocol itself is highly versatile and can be adapted to support all use cases involving multilateral exchange and credit clearing.

With the ReSource Dapp, SOURCE holders of all types will be able to stake and claim their SOURCE token.