Getting Started
Core Concepts
The handful of terms that show up everywhere in these docs. Learn these and the rest of the protocol reads easily.
The vocabulary#
- Underwriting
- The act of verifying that an off-chain asset is real, correctly valued, and legally sound before it is tokenized. LEDGERO automates this.
- Attestation
- A signed, verifiable on-chain record of the agent’s underwriting judgment on a specific asset. The core output of the protocol.
- Assessment run
- One end-to-end pass of the pipeline — document intake through attestation — for a single candidate asset. Paid for in $LDGR.
- Risk model
- The per-asset-class scoring logic that turns extracted facts into a risk verdict. Governed by $LDGR holders.
- Validator / Underwriter
- A participant who stakes $LDGR to co-sign an attestation, earning fees for accurate calls and getting slashed for bad ones.
- Issuer
- The party submitting an asset to be underwritten and, downstream, tokenized. Posts a $LDGR reputation bond.
- x402
- The payment protocol that lets the agent pay for its own compute and data lookups per-assessment, making the loop autonomous.
- RWA
- Real-world asset — an off-chain asset (invoice, receivable, property, inventory) represented on-chain as a token.
The mental model#
Think of LEDGERO as a credit bureau for the tokenized economy. A credit bureau doesn’t lend money or issue cards — it produces the trusted score that lenders rely on. LEDGERO doesn’t custody assets or mint tokens; it produces the trusted underwriting record that issuers and protocols rely on.
Everything else — staking, governance, access tiers, reputation bonds — exists to make that record trustworthy at scale without any single institution controlling it.