💡Undercollateralized Credit Lines for Rhea Traders .@rhea_finance has plenty on its plate (hello, cross-chain lending via @near_intents!). Still, there’s a clear win around the corner: undercollateralized, trading-only credit lines on Rhea/NEAR. *** The problem *** Great traders shouldn’t be capped by their bankroll. If your edge is skill, not capital, over-collateralized systems keep you small. *** The MVP solution *** Borrower flow Connect X → AI gives a starter reputation → request a trading loan (up to 10× LTV) → once fully funded, the platform creates a trading-only NEAR subaccount wired to Rhea margin. Lender flow Deposit into the global pool or a specific borrower vault → watch live PnL & repayments → earn yields that reflect trader skill and risk. On-chain safety Use NEAR function-call access keys: the subaccount can call Rhea margin methods only (no transfers). Keys are revocable; a bot can close positions and sweep funds back to lenders. Reputation loop Start with an AI score from X; update it with realized PnL and behavior over time. Good performance → better terms. Terms (MVP) Fixed APR per borrower. Early repay allowed. Funds flow 1. Lenders → Escrow pool 2. On full funding: Escrow → Trader subaccount (Rhea-only) 3. On close/repay: PnL → Escrow → Lenders pro-rata (fees → protocol) Example APR (by AI/score risk tier) Tier A (S ≥ 80): 18–22% APR Tier B (60–79): 24–30% APR Tier C (40–59): 32–40% APR Tier D (< 40): not eligible (MVP) Why this matters * Capital efficiency for traders: scale your edge. * Safer credit for lenders: funds can only touch Rhea; usage is constrained and revocable. * Transparent performance: on-chain PnL + score updates, not screenshots. Growth for Rhea: more funded traders → more volume What this unlocks next If the MVP works, extend to SME credit (Goldfinch-style) and micro-loans—a path toward serving the 22% of adults who remain unbanked with programmable, reputational credit.