Factor uses a unified, tranche-less pool architecture where liquidity flows exclusively into pools—not individual receivables. Pools aggregate multiple F-NFTs to provide diversification, predictable yield cycles, and automated settlement.
In V1, pools support a built-in secondary market, enabling investors to exit positions before maturity by selling their pool shares to new buyers.
Factor’s pools are designed for simplicity, transparency, and risk alignment.
Each underwriter operates a dedicated pool containing:
Governance may later introduce:
No senior/junior debt, no structured products — all investors share the same exposure.
Receivables (F-NFTs) cannot be funded individually.