Vision & Roadmap
→ For complete vision and strategy: lendfriend.org/vision
This section provides technical implementation documentation for our three-phase evolution from social trust to automated, scalable uncollateralized lending infrastructure.
The Three-Phase Journey
Phase 0: Social Trust
Phase 1: Add Cashflow
Phase 2: Automate
Timeline
2024-2025
2025-2026
2026-2027
Status
🟢 LIVE
🟡 Planned
⚪ Future
Loan Size
$100-$5K
$5K-$50K+
$10K-$100K+
Interest
0%
12-17% APR
12-17% APR
Underwriting
Social trust only
Social + cashflow
Social + cashflow + auto-repay
Scale
Friends & family
Strangers OK
Mass market
Target Users
Early adopters
10K+
100K+
Key Innovation
Gather trust data
Add liquidity pools
Automate repayment
Phase Documentation
🤝 Phase 0: Prove Trust Works (2024-2025)
Status: 🟢 Live on Base Sepolia Testnet
Zero-interest loans ($100-$5K) backed by social trust to gather real-world data on reputation-based lending.
Key Components: Smart contracts, Farcaster social graph, Adamic-Adar trust scoring
Goal: Launch product, reduce friction, collect behavioral data for Phase 1 risk models
→ Phase 0 Technical Implementation
💰 Phase 1: Scale with Cashflow (2025-2026)
Status: 🟡 Planned
Larger loans ($5K-$50K+) combining social trust + cashflow verification from Plaid/Square/Shopify.
Key Components: Cashflow APIs, liquidity pools, 12-17% APR, hybrid risk scoring
Goal: 10K+ users, $1M+ originated, prove crypto lending scales
→ Phase 1 Technical Implementation
⚡ Phase 2: Automate Repayment (2026-2027)
Status: ⚪ Future
Loans that repay themselves automatically from wallets (ERC-4337) or merchant revenue (Square/Shopify).
Key Components: Smart wallet plugins, merchant OAuth, auto-deduction (2-5% of sales)
Goal: 50%+ auto-repayment adoption, significantly lower defaults through automated repayment, 100K+ users
→ Phase 2 Technical Implementation
Risk Model Evolution
Social Trust
60%
30%
15%
Cashflow Verification
0%
30%
40%
Repayment History
30%
30%
40%
Loan Size Risk
10%
10%
5%
Evolution: Social trust decreases as primary signal (60% → 15%), while cashflow verification is added and becomes dominant (0% → 40%). Repayment history remains consistent and grows with scale.
Technical Constraints by Phase
Interest
0% (hardcoded)
12-17% variable
12-17% variable
Loan Size
$100-$5K
$5K-$50K+
$10K-$100K+
Repayment
Manual, single maturity
Manual, installments
Auto-deduction
Identity
Starts with Farcaster
Multi-platform (PMF-dependent)
Multi-platform
Verification
Social trust only
Social + cashflow
Cashflow primary
Liquidity
Direct P2P
Pools + P2P
Pools only
Infrastructure Readiness
🟢 Ready Today
Farcaster API (Neynar)
✅ Production
Phase 0, 1, 2
Base L2 ($0.01 txs)
✅ Production
Phase 0, 1, 2
USDC stablecoin
✅ Production
Phase 0, 1, 2
Plaid API (bank data)
✅ Production
Phase 1, 2
Square API (merchant)
✅ Production
Phase 1, 2
🟡 Maturing 2025-26
ERC-4337 (smart wallets)
🔨 Early adoption
Phase 2
Payment stream plugins
🔨 Standards forming
Phase 2
Shopify crypto wallets
🔨 In development
Phase 2
⚪ Future 2026+
zkTLS proofs
📋 Research
Phase 3+
On-chain credit scores
📋 Design
Phase 3+
Multi-chain expansion
📋 Planned
Phase 3+
Learn More
About LendFriend - Protocol overview and how it works
Economic Context - Why traditional finance can't serve the $1T platform economy
Web3 Cost Advantage - How crypto infrastructure enables better rates
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