How Circles Work
Merchant Registry
The merchant registry is the operational core that Circles wrap. All merchant operations are on-chain and role-gated.First-class Circle entities with dedicated lifecycle, Circle Admin roles with explicit stake requirements, and Circle-scoped merchant grouping are planned for a future release.
Key Features
Accountable Groups
Merchants organized into community-managed collectives
Community Oversight
Staking and delegation enable decentralized governance
Distributed Risk
Tiered insurance pools protect participants
On-Chain Operations
All merchant operations are transparent and role-gated