Borrow USDC
Verify your identity and access a credit line instantly. No collateral. No credit score. Repay anytime.
Max credit
$1,000
Interest rate
12% APR
Collateral
None
Verification
World ID
Borrower Verification
Verify your identity with World ID to access uncollateralised loans
Avocado Fund requires identity verification to access credit. Your personal information remains private through zero-knowledge proofs.
How borrowing works
1. Verify with World ID
Prove you are a unique human with biometric verification. One person, one credit line. Sybil-resistant.
2. Get your AVO Score
Your on-chain credit score (0–100). Starts low, grows with every on-time repayment.
3. Borrow USDC
Start at $25. Earn up to $1,000 with perfect repayment history. No collateral.
4. Build reputation
Repay on time → AVO Score increases → higher credit tiers. All tracked on-chain.
Credit tiers
Default consequences
Defaulting has permanent on-chain consequences:
- Permanent on-chain blacklist (isDefaulted = true)
- AVO Score drops to 0
- Can never borrow again from this protocol
- Bad debt written down from vault (affects share price)
Earn while borrowing
Borrowers with good standing earn AVO token rewards each repayment cycle.
View earn programs