MantlePay

MantlePay is a decentralized real-world asset (RWA) financing protocol that brings invoice financing and structured credit on-chain using Mantle’s scalable infrastructure. The protocol allows merchants to tokenize verified sales as Receivable NFTs (R-NFTs) and unlock immediate liquidity—up to 80% of future cashflows upfront—without collateral or centralized underwriting.

Each verified sale is approved by the consumer (via QR/NFC) and minted as an R-NFT representing a cryptographically provable receivable. Merchants can aggregate multiple R-NFTs into receivable pools, improving cashflow stability and risk diversification. These pools issue Senior and Junior tranche tokens, allowing investors to choose between lower-risk, priority repayment exposure or higher-yield, first-loss positions.

Investor returns are deterministic and discount-based, not driven by token emissions or speculation. Tranche tokens are purchased at a discount and repaid at face value through an automated on-chain waterfall, where incoming customer repayments flow first to Senior investors, then Junior investors, and finally to the merchant as residual income. A protocol-level insurance pool provides additional credit enhancement by covering junior shortfalls, further protecting senior capital.

By combining real merchant sales, structured finance primitives, and Mantle’s low-cost execution layer, MantlePay creates a transparent, scalable, and trust-minimized system for real-world yield. The protocol is designed for long-term expansion into dynamic credit scoring, adaptive LTVs, institutional tranches, and deep integration with merchant payment and POS systems, positioning MantlePay as foundational infrastructure for on-chain credit markets.