Terms of service
This is a plain-language summary of how dVIN.capital operates. It does not replace the full Terms of Service you accept during onboarding, which govern your use of the platform.
Eligibility
Access to borrowing and lending is restricted to users who complete identity verification (KYC) or business verification (KYB), and — for capital providers — accreditation checks, subject to geographic and regulatory restrictions.
How the platform works
Borrowers pledge wine held in bonded storage as collateral and receive EURC on Base. Capital providers fund loan offers and earn interest in EURC. Collateral valuation is sourced from Liv-ex and refreshed on a fixed schedule. Custody remains with the bonded warehouse throughout the loan term.
Fees
Borrowers pay interest at the accepted offer's APR plus a one-time origination fee. A platform service fee is retained from lender yield. All fees are disclosed before a loan offer is accepted.
Risk
Lending and borrowing against wine collateral carries risk, including the risk of collateral liquidation on default. See our risk disclosure for details.
Changes
We may update these terms as the platform evolves. Material changes will be communicated to registered users before they take effect.