Secondary liquidity for time-locked payouts

Sell a locked payout
before it unlocks.

A payer has already funded your future payout. A buyer pays you early on Creditcoin. The locked payout stays on its source chain; only proof of its sale crosses through Attestcoin.

Locked payout
10,000mSRC
Sepolia funding tx
Buyer paid early
9,410mSET
Creditcoin escrow tx
Protocol fee · 50 bps
47.05mSET
Fee withdrawal tx
Seller withdrew
9,362.95mSET
Seller withdrawal tx

Claim A, recorded on the Sepolia and Creditcoin CC3 testnets in test tokens.

Claim A · Sale timelinesale 0x68c0b7…d61692 · Sepolia → Creditcoin CC3
live-read-verified
  1. Source reserved0xb6a5…fc12 · block 11,691,929
    22:49:26 UTC
  2. Destination funded0x85db…719f · block 5,477,514
    22:57:35 UTC
  3. Assigned on source0xf761…5028
    22:58:39 UTC
  4. Assignment proof held back
    23:09:39 UTC
  5. Seller funds claimable0x2d08…ddbe · block 5,479,183
    05:56:06 UTC
  6. Seller paid0xf408…889f · block 5,479,187
    05:57:05 UTC
Snapshot 14:45:35 UTC · test tokens, no monetary value
Source chain · live testnet

The payout stays locked

Claim A holds 10,000 mSRC in the Sepolia vault until 13 Sep 04:00 UTC. Its sale settles on Creditcoin by proof.

One sale, three roles

Claim A, live on Sepolia and Creditcoin testnet. Gross price, fee and seller net are separate numbers; test tokens carry no monetary value.

1 · Payer
Funded10,000mSRC

Treasury funds the payout

10,000 mSRC locked on Sepolia

Funding on Etherscan
2 · Buyer
Bound9,410mSET

Buyer binds capital on Creditcoin

9,410 mSET bound in escrow

Escrow on Blockscout
3 · Seller
Pending9,362.95mSET

Seller receives, net of fee

9,362.95 mSET after 47.05 fee

Assignment on Etherscan

Two outcomes, never both

The source chain decides what happened. Creditcoin settles on the proof.

Source round · claim #2 / round 1ASSIGNED
Assign before13 Sep 01:00 UTC
Assigned at22:58:39 UTC ✓
Beneficiary0x8c48…DfbE buyer
Cancel attemptrejected · RoundMismatch

Assigned before the deadline

The seller assigns the claim on source. Its proof credits seller proceeds on Creditcoin, even when it arrives late.

Read the trust boundary

Cancelled at the deadline

Buyer refunded in full, zero fee

Proof arrives late

Delay changes timing, not the outcome

Wrong sale

Authentic proof, still rejected

Old round

Cannot refund a later sale

Trust boundary

What each chain actually knows

Morrow never bridges the locked payout or the purchase capital. Each chain enforces its own rules, and Attestcoin carries authenticated evidence of what happened on the source.

  • Reservation comes first
    The buyer deposits only after the exact source reservation is verified on Creditcoin.
  • No timeout refunds
    Bound funds move only on a matching source assignment or cancellation proof.
  • Seller preflight
    The source chain cannot read Creditcoin, so the official client confirms the funded escrow before the seller signs.
Reservation proofVERIFIED
Chain key
1 · Sepolia
Source header
11,691,929
Tx index
9 · native-derived
Proof hash
8fb1bd1eb0…858faf
Built in
1,049 ms
Same bytes on another sale → SaleIdMismatch
Native Attestcoin proof
Verified on Creditcoin CC3 testnet
Economics

Bought at a discount, redeemed at face.

The buyer pays less than face value today and redeems the full payout at maturity. Gross price, protocol fee and seller net are disclosed separately, computed in integer token units. Not a yield promise.

Return by purchase price
Claim A · face value 10,000 mSRC
Holding-period return
Discount to face
590mSRC
Buyer gain at maturity
47.05mSET
Fee at 50 bps
6.27%
Holding-period return
In vault10,000mSRC until 13 Sep 04:00 UTC

Funded before it is sold

The vault takes the full face value into custody before a sale can be reserved. A buyer redeems the original payout at maturity.