1. The Service Coin Ecosystem

The ecosystem is designed to generate real business income through a network of service partners. A core function is providing vetted contractors with access to short-term capital for real-world projects, which in turn generates sustainable yield for the Service Coin treasury and $SRV stakers.

2. Provider Eligibility

To become and remain a verified provider eligible for the funding program, you must:

• Be a licensed service provider where applicable by law.
• Operate in good legal standing and pass our vetting process.
• Meet any additional underwriting criteria required for participation in the funding program.

3. The Funding Program

Verified providers may apply for short-term capital loans under the following terms:

• Application: To apply for funding, a provider must submit a verified invoice, work order, or contract for a specific project to the Service Coin system.
• On-Chain Loan: Upon approval, the provider will receive an on-chain loan from the Service Coin treasury for the agreed-upon amount.
• Use of Funds: Loaned funds are to be used exclusively for the operational costs of the project specified in the verified invoice.

4. Loan Repayment and Fees

• Repayment: Upon completion of the real-world job and receipt of payment from your client, you are obligated to repay the loan principal plus a small, predetermined fee back to the Service Coin treasury.
• Treasury & Yield: The repaid principal is returned to the treasury to fund future projects. The fee, which constitutes pure profit, is sent to the Yield Vault, generating real, sustainable USDC yield for the ecosystem.
• Default: Failure to repay the loan and fee in the agreed-upon timeframe constitutes a default and may result in termination of your verified status and other collection efforts.

5. General Terms

• Token Acceptance: Separate from the funding program, providers may, at their discretion, accept $SRV as payment for services.
• Limitation of Liability: Service Coin DAO LLC and its affiliates assume no liability for real-world business operations, disputes, or outcomes between providers and their clients. Our role is limited to providing the funding protocol.
• Termination: We reserve the right to suspend or revoke a provider's verified status for fraudulent activity, professional misconduct, default on a loan, or other violations of this Agreement.

6. Governing Law

This Agreement is governed by the laws of the State of Delaware and the State of Wyoming where applicable.

7. Contact Information

For questions regarding these terms or the funding program, please contact us at: info@service.money