Backed by working robots
Each pool funds a named fleet. A bankruptcy-remote SPV pays the manufacturer and owns every robot. The operator leases them and never touches the cash.
URF-AMRSN 2291Owner SPV-01Demo pool · Solana devnet program in progress →
Finance robots. Earn from their work.
Stablecoin capital for commercial robot fleets. Every robot's hours and uptime, posted on-chain.
- Target net APR
- 10.5%
- Financed
- $210K
- Loan to value
- 60%
- Revenue coverage
- 2.9×
Demo pool 01, fictional operator. Not an offer. Deposits will open to verified professional investors only.
Protocol
Capital for the robot fleets banks can't price.
Built for European fleets
Starting with RaaS operators and distributors in Central Europe.
Live telemetry
Hours, utilization and uptime from the fleet system, posted on-chain daily and checked against lease payments.
Paid from customer contracts
Operators bill warehouses and retailers every month. The lease is paid from that revenue.
Interest from lease payments
The interest in each monthly payment raises the vault share price for every depositor.
How it works
How robot work becomes your yield
Ten AMRs at NordPick's Brno warehouse, played as one 30-day month. Every figure comes from the demo pool.
01 · Fleet hours worked
3,492H
10 AMRs · ~19.4 h/day each · 97% uptimeDay 18 / 30October · demo pool
10 × URF-AMR · Brno DC-2Each cell is one day of fleet telemetry
02RaaS revenue billed$12,60010 robots × $2,100 per month, accrued daily
03Lease accrued to SPV$4,306$7,177 due on day 30 · coverage 2.9× gross
04Vault share price1.00521.0000 → 1.0088 this month · 10.5% net APR
Where the month's revenue goes$21,000
Operator keeps$13,823Principal back to vault$4,727Investor interest$1,837Loss reserve$350Protocol fee$263
Pools
Pool 01: what a funded fleet looks like
URF-POOL-01SPV-01Owner · 10 unitsBrno CZDemo
NordPick Logistics s.r.o.
10 warehouse AMRs · RaaS operator · fictional demo operator
- Fleet value
- $350,000
- Financed · 60% LTV
- $210,000
- Lease rate
- 14% APR
- Term
- 36mo
- Monthly lease
- $7,177
- Target net APR
- 10.5%
Net APR accrues on the outstanding balance. Repaid principal returns to the vault to fund the next pool.
Open pool in app →Fleet status10/10online
Utilization, 30 d81%
Revenue coverage2.9× gross
Vault share price1.0088USDC
What protects depositors · design targets
60% loan to value
The operator puts in $140K of its own. The robots are worth more than the loan from day one.
The SPV owns the robots
A bankruptcy-remote SPV holds title. On default the fleet is recovered and re-leased or sold.
2% loss reserve
Part of every payment builds a first-loss buffer that is spent before any depositor is.
Remote lock on late payment
Missed leases trigger a lock through the manufacturer's fleet cloud until the operator catches up.
Roadmap
From a devnet demo to the first real fleet
- Now · Oct 2026In progress
Devnet prototype
- Landing and demo pool (done)
- Anchor program: vault, pool, lease payments, telemetry
- Investor and operator app on devnet
- Solana Colosseum submission
- Q4 2026Next
Pilot diligence
- Interviews with EU robot-as-a-service operators
- First operator letter of intent
- SPV structure and legal opinion in Czechia
- KYC and custody partners
- H1 2027Planned
First real pool
- Program audit and mainnet deployment
- One operator's fleet in Central Europe
- Verified professional investors only
- Telemetry straight from the vendor's fleet cloud
- 2027 and laterLater
More fleets
- Several operators and robot types
- EURC pools matched to operator revenue
- Senior and junior tranches
- Transferable vault shares
Dates are targets, not commitments.