How StepFi Works

StepFi connects three participants: learners who need credit, sponsors who provide liquidity, and mentors who vouch for learners.

Participants

Learner

A developer, student, or intern in an emerging market who needs to finance a laptop, course, or dev tool. They connect their Stellar wallet, build a profile, and apply for installment loans.

Sponsor

An individual, company, or DAO that deposits USDC into the StepFi liquidity pool. In return, they earn yield from interest paid by learners.

Mentor

A senior developer with high reputation who vouches for learners. A vouch boosts the learner's reputation score, unlocking better loan terms.

The Credit Flow

Sponsor deposits → Liquidity Pool
        |
Learner applies
        |
Mentor vouches (optional)
        |
Loan approved
        |
Installments repaid
        |
Reputation increases
        |
Sponsor earns yield

Reputation Tiers