3jane

A company with $20 million in annual revenue can’t borrow even $1 in DeFi?

“3Jane Encyclopedia 2/13”

In traditional finance, companies can secure credit based on revenue, accounts receivable, and credit history. The essence of lending on credit is to discount future cash flows into money available today.

Aave and Morpho, by contrast, rely almost entirely on overcollateralization: you need $100,000 in on-chain assets before you can borrow $70,000–$80,000 in stablecoins. DeFi can only serve people who already have money.

3Jane divides the credit market into three categories:
▫️ Category 1: Crypto-asset collateral (Aave, MakerDAO, Morpho)
▫️ Category 2: Algorithms and protocol mechanisms (such as delta-neutral protocols like Ethena)
▫️ Category 3: Future cash flow-backed credit—real business revenue, accounts receivable, installment payments from consumer financing, plus off-chain legal recourse

3Jane is targeting the third category: it assesses companies’ historical default rates, payment terms, and ability to repay, then turns USDC from on-chain depositors directly into business credit lines.

This opens up a trillion-dollar traditional commercial credit market while giving stablecoins real yield that doesn’t depend on bull or bear markets.

#3Jane #DeFi #RWA

“Take your passphrase.” — What 3Jane seeks to unlock is DeFi’s “overcollateralization lock” 🔓

「The 3Jane Encyclopedia 1/13」

The cyberpunk-inspired name 3Jane comes from William Gibson’s landmark 1984 novel *Neuromancer*. In the novel, 3Jane is the third-generation clone and heir to the Tessier-Ashpool clan, holding the ultimate code to解除 the Turing lock. That code is what allows two isolated artificial intelligences to merge and awaken.

On-chain, DeFi lending has long been constrained by overcollateralization, leaving capital to circulate only among existing on-chain assets.

From USD3 and sUSD3 to LCC, and on to a $5.2 million funding round led by Paradigm and JANE token incentives, 3Jane has already built a fairly comprehensive credit-finance system.

I’ll break it all down across 13 posts. The hands-on guide starts with Part 11～

#3Jane #DeFi #CreditLending