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Primitives
The 5 major components of the Payables framework
Now that you've opened your first token flow, you're hooked to learn more right? I promise I'll keep this brief so we can get back to hacking. There are three primitives of Payables:
  1. 1.
    Business Credit
  2. 2.
    Agreements aka Contracts
  3. 3.
    Teams & Departments
  4. 4.
    Treasury Management
  5. 5.
    Business Deeds
  6. 6.
    Open Analytics
Each primitive enables new features, however you don't have to use all of them. You can mix and match them depending your needs.

1. Business Credit

This shows how credit worthy is the existing business based on all the interactions on the blockchain networks. Fast and flexible credit for businesses of all sizes. We help DAOs give loans to each other using credit line ranges and ratings for each DAO or business.

2. Agreements

Agreements are essentially contracts which is a set the "rules" of how a Payables can behave. The Payables framework is comprised of a single host contract, with multiple agreement contracts. An agreement contract must be on the approve-list, otherwise the host contract will not execute the agreement code.
Agreements are the building blocks of DAO processes that enable Payables to expand and add new features.
In a few examples it can be broken down based on :
  1. 1.
    Subscription Agreements
  2. 2.
    Payment Streaming
  3. 3.
    Health Care Contracts
  4. 4.
    Stock Options Benefits
  5. 5.
    Merger Contracts
  6. 6.
    DAO to DAO Synergy
There's possibilities to write contract for any function needed within a business or a DAO.
The Payables community is exploring the possibilities of what these agreements can do. Eventually there will be more agreements, and there's an open invitation to work with us to build and create them.

3. Departments

A company is like the jungle kingdom but DAOs operate like a bee hive which clearly shows chaos. This is why we have built a DAO Trilemma. we have seen sushiswap struggle in the face of authority, we work with various structures of the organization to have the structure your organization works best with.
We help you manage Teams and Departments , proving with roles and permissions for each user in the organization.
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4. Treasury Management

With DAO treasuries growing, it raises the need to manage DAO treasuries in a risk free yet easily governed way.
We are a cross chain treasury management , we work using 10+ chains , we are constantly adding new chains.
Today's treasuries are locked in gnosis contracts, with payables now you can add authority to gnosis safe.
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Snapshot

With snapshot we have issues why people don't vote on proposals, so we are on our way to solve these proposals.
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5. Business Deeds

With payables, organizations can create there own deeds as NFTs and sell it to a bank or a lending service as collateral. It can have multiple uses in the future like DAOs can mint there debt or sell services like BAYC DAO can sell there marketing as a service to raise more funds. Like helping a new swapping service to gain more followers and get more traction.
The payment can be done using the usual medium using payment streaming on payables.
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6. Open Analytics

DAOs have the option of turning there quarterly earning report into live earnings report with project milestones all on a publicly available profile.
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Last modified 20d ago