Susu · Tanda · Chit fund · Esusu · Chama
The savings circle,
without the treasurer.
Over a billion people save in rotating circles: everyone pays in each round and one member takes the pot. SusuChain keeps the pot in a NEAR contract that pays out automatically, covers missed payments from collateral, and turns every on-time payment into a portable savings record.
- Lock one contribution as collateral when you join.
- Payout order is shuffled on-chain when the circle fills. Nobody picks who goes first.
- Each round, the last payment in triggers the payout to that round's member.
- Missed the deadline? Anyone can settle; the missing share comes out of that member's collateral and is recorded.
- Finish the circle: unused collateral comes back and your record unlocks bigger circles.
Circles
Loading circles from the NEAR testnet…