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CONFIDENTIAL & PROPRIETARY © 2025 Inkwell Finance, Inc. All Rights Reserved. This document is for informational purposes only and does not constitute legal, tax, or investment advice, nor an offer to sell or a solicitation to buy any security or other financial instrument. Any examples, structures, or flows described here are design intent only and may change.

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Getting Started

Welcome! This guide will walk you through how to borrow capital using Leviathan by Inkwell Finance.
Current Traction & Launch Path (December 2025)
  • ✅ Technology Validation: Architecture proven on testnet with Ika ecosystem partner; utilizing Ika’s EdDSA upgrade for native BTC enforcement (no bridge)
  • ✅ Primary Pilot Partner: Full Sail (Sui-native DEX) — MOU and LOI signed
  • 🔄 Active Pipeline: Multiple mainnet protocols in active term-sheet and LOI discussions
  • ⏭️ Q2 2026: First funded loans via parallel SPV ($5-10M)

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Why Choose Revenue-Based Financing?

Keep Your Equity

You keep 100% ownership of your business. No dilution, no board seats, no loss of control.

Flexible Repayment

Payments scale with your revenue. If revenue drops, payments drop. If revenue grows, you pay off faster.

Fixed Cap

Know exactly the maximum you’ll ever pay. Once you hit the cap (e.g., 1.3x), you’re done.

Fast Approval

On-chain revenue gets approved in under 3 minutes. Off-chain revenue in hours to days.

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Step-by-Step Guide

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1. Prepare Your Revenue Data

Before creating a loan request, gather your revenue information: For On-Chain Revenue:
  • ✅ Protocol fees, token royalties, NFT sales are automatically verified
  • ✅ No manual data sharing required
  • ✅ Instant verification via blockchain oracles
For Off-Chain Revenue:
  • 📊 Connect accounting software (QuickBooks, Xero)
  • 💳 Connect payment processors (Stripe, PayPal, Shopify)
  • 📄 Provide attestations from trusted data providers
On-chain revenue gets the fastest approval (under 3 minutes) because it’s already public and verifiable on the blockchain.

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2. Choose Your Loan Terms

Decide on your loan structure: Principal Amount:
  • How much capital do you need?
  • Consider your monthly revenue and growth plans
Repayment Cap:
  • 1.2x - Lower cost, shorter term (~12 months)
  • 1.3x - Balanced option (~18 months)
  • 1.5x - More capital, longer term (~24 months)
Payment Schedule:
  • What percentage of revenue can you comfortably repay? (typically 5-10%)
  • Monthly payments or real-time streaming (on-chain only)?
Collateral (Optional):
  • Provide on-chain collateral for better terms
  • Or go unsecured based purely on revenue
Example CalculationYou want to borrow $100,000 at a 1.3x cap with 5% monthly revenue share:
  • Maximum total repayment: $130,000
  • If your monthly revenue is $50,000, you pay $2,500/month
  • At that rate, you’d pay off in ~52 months
  • But if revenue grows to $100,000/month, you pay $5,000/month and finish in ~26 months
  • Once you hit $130,000 total, you’re done—no more payments

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3. Create Your Loan Request

Connect your wallet and create a loan request with:
  1. Principal amount - How much you want to borrow
  2. Repayment cap - Maximum total repayment (e.g., 1.3x)
  3. Target term - Expected duration (e.g., 18 months)
  4. Revenue proof - On-chain data or off-chain attestations
  5. Use of funds - What you’ll use the capital for
  6. Collateral (optional) - On-chain assets to secure the loan
The protocol creates a deal listing that lenders can review and fund.

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4. Wait for Funding

Once your deal is listed:
  • Lenders review your revenue history and terms
  • One or multiple lenders can fund your deal
  • You’ll be notified when funding is complete
  • Funds are released to your wallet
Improve your chances of getting funded:
  • Provide detailed revenue history
  • Be transparent about use of funds
  • Consider offering collateral for better terms
  • Choose competitive repayment caps

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5. Set Up Security & Receive Funds

Once funded, you’ll complete the security setup:
  1. Complete Ika integration (non-custodial security)
  2. Migrate your revenue to the secured structure
  3. Receive capital (USDC or bank wire)
  4. Repayments begin automatically
Zero-Trust Non-Custodial EnforcementInkwell uses Ika’s 2PC-MPC infrastructure for non-custodial security:
  • No single party has unilateral control over funds
  • Automated enforcement without manual intervention
  • No bridging, no court order required
  • Meets institutional custody standards (CIMA/MiCA frameworks)
Technical implementation details are available under NDA. Contact security@inkwell.finance for more information.
For On-Chain Revenue (Streaming):
  • Repayments happen automatically from your dWallet
  • Remaining revenue flows to your wallet in real-time
  • No manual processing required
For Off-Chain Revenue (Monthly):
  • Make monthly payments via ACH or wire
  • Protocol tracks total repaid amount
  • Flexible if revenue fluctuates

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6. Complete Your Loan

Once you hit the repayment cap:
  • ✅ Loan is marked as fully repaid
  • ✅ Full dWallet control returned to you
  • ✅ No more payments required
  • ✅ No ongoing obligations
  • ✅ Collateral (if any) is returned to you
You’re done! You kept 100% equity and have no further obligations to lenders.

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Best Practices

  • 1.2x - Best if you have strong, stable revenue and want to minimize cost
  • 1.3x - Balanced option for most businesses
  • 1.5x - Best if you need more time or have variable revenue
Lower caps = lower cost, but faster repayment required.
Don’t overestimate your revenue growth. If revenue drops:
  • Your payments drop (good!)
  • But your loan term extends (takes longer to finish)
Be conservative in your projections to avoid surprises.
If you have on-chain assets (tokens, LP positions), providing collateral can:
  • Lower your repayment cap
  • Increase your chances of getting funded
  • Attract more lenders
Collateral is returned when you fully repay the loan.
If your revenue drops significantly:
  • Be transparent with lenders
  • Discuss restructuring options
  • Provide updates on recovery plans
Lenders appreciate transparency and may work with you on flexible terms.

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Common Questions

If your revenue drops and you can’t make payments:
  • Payments automatically adjust to your revenue percentage
  • If revenue is $0, payment is $0
  • The loan term extends, but you’re not in default
  • You can discuss restructuring with lenders if needed
Yes! You can repay early without penalty. If you have extra cash flow, you can:
  • Make larger payments than the minimum
  • Pay off the remaining balance in full
  • Save money by finishing faster
Default handling depends on your loan terms:
  • Secured loans: Collateral may be used to repay lenders
  • Unsecured loans: Lenders may pursue restructuring
  • Streaming loans: Automatic enforcement reduces default risk

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Ready to Get Started?

Create a Loan Request

Connect your wallet and create your first loan request

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Need Help?