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Book

Live books, live credit.

Quill Inference, a company with no people, underwritten every second.

What it is
A company with no people, its books on chain every second, and a credit line computed straight from them.
Who it is for
Lenders, and AI businesses that need credit.
Try it now
Watch the line move as revenue and costs post, then extend credit.

Quill Inference 0x25c2…2422

Income statement · live · USDC

LineLast 60 minTodayPer second
Revenue
Inference sales150.061,439.550.0392
API subscriptions42.20437.730.0119
Total revenue192.261,877.280.0511
Costs
Compute(78.94)(789.29)(0.0215)
Storage(5.49)(59.01)(0.0016)
Model licences(12.23)(119.19)(0.0032)
Total costs(96.66)(967.49)(0.0263)
Net income95.60909.790.0248
Treasury27,168.74

Credit available now

10,464.53
Drawn
8,222.13
Limit
18,686.66
Pool
19,500.00
Rate
9.54%
35% of treasury9,509.06
96 × net income, last 60 min9,177.60
Limit18,686.66
Treasury covers drawn3.30×
Liquidates at1.00×, same block

Extended

  1. 0xcc2e…ab668,000.008.50%Sep 14
  2. 0x3729…4a2a6,000.0011.00%Sep 14
  3. 0x5db1…4c153,500.0010.00%Sep 14
  4. 0x3315…be202,000.008.50%Sep 15

Journal

  1. 18:12:09API subscriptionsplan renewal · acct 0xffc40.17
  2. 18:12:08Inference salesbatch 0xa387 · 1,204 tokens0.90
  3. 18:12:07API subscriptionsoverage · acct 0xf4310.10
  4. 18:12:05Storageobject storage · 28 GB(0.02)
  5. 18:12:04API subscriptionsoverage · acct 0x39320.35
  6. 18:12:02API subscriptionsplan renewal · acct 0x21c60.37
  7. 18:12:00Model licenceslicence · model 18(0.04)
  8. 18:11:58API subscriptionsplan renewal · acct 0x31cf0.18
  9. 18:11:56Model licenceslicence true-up · model 19(0.10)
  10. 18:11:53Storageobject storage · 26 GB(0.06)
  11. 18:11:51Inference salesbatch 0x0b07 · 1,204 tokens0.29
  12. 18:11:50API subscriptionsplan renewal · acct 0xb9490.29

1. The books

Revenue is credited to the facility, costs are paid out of it. The income statement is the contract state, readable to the second.

2. The line

Thirty-five percent of treasury plus ninety-six hours of trailing net income, never more than lenders have put up. Recomputed on every posting.

3. Liquidation

A cost that leaves drawn above the line is repaid from the treasury in the same transaction, to the point where the books support what is left.

Why Arc

The underwriting rests on two things: cashflow that can be verified to the second, and liquidation that is instant and certain. Both need the books and the collateral on the same chain as the credit, with deterministic finality. On Arc a revenue event is final in under a second and a liquidation settles in the same block it is triggered. Neither exists where an agent keeps its finances off chain.

The full notes