MetaStreet (Pool-Based)
Get instant loans against your property from an automated lending pool.
MetaStreet is a liquidity scaling protocol that enables instant, pool-based lending against NFTs. Fabrica's partnership with MetaStreet allows property owners to access capital within minutes through automated loans, while capital providers earn returns through diversified exposure to real estate collateral.
How It Works
For Borrowers
- Request a Loan: Select your property and request a loan on Fabrica
- Automatic Valuation: MetaStreet uses automated valuation to determine loan terms
- Instant Funding: Accept the terms and receive funds immediately
- Repay Anytime: Pay back principal plus interest to reclaim your token
No waiting for lender offers—the pool provides instant liquidity based on your property's estimated value.
For Capital Providers
- Deposit Capital: Add funds to the Fabrica MetaStreet pool
- Select Risk Profile: Choose a tranche that matches your risk appetite
- Earn Automatically: Your capital is deployed to loans as borrowers request them
- Withdraw: Remove your capital when you choose (subject to liquidity)
Capital providers earn returns without needing to evaluate individual properties or manage loan terms.
Pool Mechanics
MetaStreet aggregates capital from multiple providers into a shared pool. Each loan draws from this pool, combining capital from different providers at their specified terms.
| Component | Description |
|---|---|
| Automated Valuation | Property values are estimated using third-party data and algorithms |
| Dynamic Terms | Rates and LTV ratios adjust based on pool utilization and risk parameters |
| Tranche Selection | Capital providers choose their risk/return profile |
| Instant Settlement | Borrowers receive funds immediately upon acceptance |
Because each loan aggregates capital from multiple providers with different terms, the final rate and conditions are dynamic—determined by the pool's composition at the time of the loan.
How Loan Amounts Are Determined
The pool uses estimated property values as a starting point, but doesn't rely on raw estimates alone. Additional risk factors are applied to protect capital providers:
- Liquidity Assessment: Properties in less liquid markets may receive lower loan amounts
- Fraud Prevention: High-risk or unusual properties are filtered
- Default History: Properties that have defaulted previously may be restricted
- Borrower Track Record: Borrowers with poor repayment history may receive reduced terms
This multi-factor approach helps ensure the pool extends credit responsibly while still providing instant liquidity to qualified borrowers. See Property Valuation for more about how property values are estimated.
For Borrowers
Advantages:
- Speed: Get funds in minutes, not days
- No Negotiation: Accept or decline the offered terms—no back-and-forth
- Predictable Process: Automated valuation means consistent, transparent pricing
Loan Terms:
- Loan amounts based on property valuation and loan-to-value (LTV) limits
- Interest rates determined by pool dynamics
- Flexible repayment—pay off early without penalty
During the loan, your property token is held in MetaStreet's smart contract. You retain beneficial ownership and can use the property normally.
For Capital Providers
Advantages:
- Passive Income: Capital is automatically deployed to loans
- Diversification: Exposure spread across multiple properties
- Risk Selection: Choose tranches that match your risk tolerance
Tranches:
Capital providers select a tranche based on their preferred loan-to-value (LTV) ratio:
- Lower LTV Tranches: Lower risk, lower returns. Your capital backs the safest portion of loans.
- Higher LTV Tranches: Higher risk, higher returns. Your capital covers riskier portions but earns more.
Visit the Fabrica MetaStreet Pool to view available tranches and deposit capital.
What Happens on Default
If a borrower fails to repay:
- Auction: The property token is auctioned to repay the pool
- Lender Recovery: Auction proceeds repay capital providers based on tranche seniority
- Surplus Returns: Any proceeds above the loan amount return to the original borrower
Unlike peer-to-peer lending, capital providers don't receive the property token directly. Instead, the auction mechanism handles liquidation and distributes proceeds.
Getting Started
Borrowers: Visit fabrica.land, select your property, and click "Get Instant Loan" to see available terms from the MetaStreet pool.
Capital Providers: Visit the Fabrica MetaStreet Pool to deposit capital and select your preferred tranche.
For detailed protocol mechanics, visit MetaStreet Documentation.
Updated 1 day ago