Isle Finance
  • Introduction
    • What is Isle Finance?
    • What is Supply Chain Finance?
  • How Isle Finance Works
    • Glossary of Key Terms
    • Pool Admins
    • Buyers
    • Sellers
    • Liquidity Providers
    • Governance
    • Fees
  • Contract Documentation
    • Smart Contract Overview
    • Diagrams
    • Loan Accounting
    • Withdrawal Management
    • Upgradability
    • IsleGlobals
    • LoanManager
    • LoanManagerStorage
    • Pool
    • PoolAddressesProvider
    • PoolConfigurator
    • PoolConfiguratorStorage
    • Receivable
    • ReceivableStorage
    • WithdrawalManager
    • WithdrawalManagerStorage
    • abstracts
      • Governable
    • interfaces
      • IGovernable
      • IIsleGlobals
      • IIsleGlobalsEvents
      • ILoanManager
      • ILoanManagerEvents
      • ILoanManagerStorage
      • IPool
      • IPoolAddressesProvider
      • IPoolConfigurator
      • IPoolConfiguratorEvents
      • IPoolConfiguratorStorage
      • IReceivable
      • IReceivableEvent
      • IWithdrawalManager
      • IWithdrawalManagerStorage
    • libraries
      • Errors
      • PoolDeployer
      • ReentrancyGuardUpgradeable
      • types
        • PoolConfigurator
        • Loan
        • Receivable
        • WithdrawalManager
      • upgradability
        • UUPSProxy
        • VersionedInitializable
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On this page
  • Participants
  • Concepts
  1. How Isle Finance Works

Glossary of Key Terms

Participants

  • Pool Admins: Fintech industry experts who are responsible for managing buyer pools on behalf of the protocol

  • Buyers: Companies that approve their receivables and extend financing to their corresponding supplier with the pool

  • Suppliers: Companies that can get paid early for every buyer-approved receivable

  • Liquidity Providers (LPs): Liquidity providers who supply stablecoin capital to different liquidity pools

  • Governance Council: A group of representatives of the community DAO that configures the protocol on behalf of decentralized governance

Concepts

  • Pool: A place where LPs can deposit funds to fund the suppliers of a particular buyer

  • Unrealized Losses: The total value of all loans that have been marked as impaired

  • Receivables: The rights a supplier has to receive payment in the future for providing products or services to the buyer (typically collected within 30, 60, 90 days)

  • Loans: When a pool admin funds a receivable approved by the buyer, a loan between the buyer and the pool is created to represent the repayment obligation.

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Last updated 9 months ago