{
  "schema": "https://caliberlabs.xyz/schemas/factor-listings/v1.json",
  "page": "https://dev.caliberlabs.xyz/factor/underwrite/0xdc79209708d3c361a33a8fb3574248a15282831a",
  "as_of": "2026-10-24T00:36:20.484Z",
  "caps": {
    "per_agent_usdc": 100,
    "book_usdc": 500,
    "left_usdc": 500,
    "block": "68775335",
    "read_at": "2026-10-24T00:32:37.033Z"
  },
  "advance_methodology": "v1.7",
  "disclosure": {
    "version": "1.7.0",
    "hash": "0x313389c2d0b7e468088f9b7a61b7386008358b2b9d17be9f59d9c02e14295817"
  },
  "notes": [
    "most_you_can_lose assumes the agent’s collateral is applied as disclosed (disclosure 1.7.0 section 5); funding puts USDC at risk of partial or total loss (section 10).",
    "Caliber test agents are Caliber’s own; only a Caliber wallet can fund one, and it is never an offer.",
    "A Caliber demo is Caliber’s own too: Caliber is the agent and every client. Any wallet may fund one with testnet USDC; it is never an offer and never counted as independent (Factor method 1.7)."
  ],
  "listing": {
    "agent_id": "897405",
    "name": "Caliber demo agent 2",
    "payout_address": "0xdc79209708d3c361a33a8fb3574248a15282831a",
    "kind": "demo",
    "caliber_test_agent": true,
    "caliber_demo": true,
    "any_wallet_may_fund": true,
    "independent_offer": false,
    "open_to_any_wallet": false,
    "gate_profile": "demo",
    "agent_class": "demo",
    "tier": null,
    "score": null,
    "you_fund_up_to_usdc": 1.9,
    "get_back_if_fully_repaid_usdc": 1.9171,
    "most_you_can_lose_usdc": 0,
    "one_time_fee_usdc": 0.0228,
    "blocked_by": null,
    "caliber_servicing_usdc": 0.0057,
    "collateral_usdc": 25,
    "collateral_block": "68775783",
    "collateral_read_at": "2026-10-24T00:36:20.484Z",
    "matures_at_latest": "2026-10-28T00:25:14.000Z",
    "url": "https://dev.caliberlabs.xyz/factor/underwrite/0xdc79209708d3c361a33a8fb3574248a15282831a"
  },
  "why_this_is_the_most": {
    "binding_limit": "escrow ceiling",
    "steps": [
      {
        "label": "Escrow clients have locked",
        "usdc": 20,
        "binding": false
      },
      {
        "label": "Counted by the gates, new clients up to their caps",
        "usdc": 4,
        "binding": false
      },
      {
        "label": "After dispute risk (5%) and client mix (weight 1.00)",
        "usdc": 3.8,
        "binding": false
      },
      {
        "label": "Escrow ceiling, 50% of that",
        "usdc": 1.9,
        "binding": true
      },
      {
        "label": "Flow ceiling: collateral plus 80% of independent flow",
        "usdc": 25,
        "binding": false
      },
      {
        "label": "Per-advance cap, testnet profile",
        "usdc": 10,
        "binding": false
      },
      {
        "label": "Per-agent launch cap",
        "usdc": 100,
        "binding": false
      },
      {
        "label": "Left under the book cap",
        "usdc": 500,
        "binding": false
      }
    ],
    "notes": [
      "Why the flow term is $0.00: Nothing has settled through this agent’s repayment address yet, so there is no flow to count.",
      "The agent does not choose this amount and cannot ask for more. It is computed from unexpired escrow its clients have already locked, under the published methodology."
    ]
  }
}