Version 1.0 ā Last Updated: March 15, 2026
This framework provides the foundational rules for all Trebanx Circles. Your Circle will customize these rules during setup using our Setup Wizard, but these core principles ensure fairness, transparency, and safety for all members.
We provide tools, not control. All lending decisions are made by Circle members.
Members must contribute on time, vote honestly, and honor loan commitments.
Lending is voluntary and involves risk. Only use funds you can afford to lose.
This Circle Governance Framework ("Framework") establishes the foundational rules and principles that govern all Circles created on the Trebanx platform.
Each Circle operates as an independent group of members who have agreed to pool resources and lend to one another according to the rules established in their Circle Charter, which must conform to this Framework.
Every Circle Charter must specify:
A Member may be expelled by 2/3 supermajority vote for:
Circles may set a grace period (0-14 days) for late contributions. During the grace period, the Member remains in good standing but may face consequences as defined in the Charter.
Charter-defined consequences may include:
Circles may allocate a percentage of contributions (0-20%) to a Reserve Fund that absorbs losses from defaults before affecting Member distributions.
Lending is always voluntary. No Member is obligated to lend, and no Member is guaranteed a loan.
Approval methods (set in Charter):
| Decision Type | Default Threshold |
|---|---|
| Loan approval (if voting) | Per Charter (majority or unanimous) |
| New member approval | Per Charter (majority or unanimous) |
| Member exit approval | Simple majority (50%+1) |
| Default handling decisions | Supermajority (2/3) |
| Member expulsion | Supermajority (2/3) |
| Charter amendments | Supermajority (2/3) |
| Circle dissolution | Supermajority (2/3) |
Important: Trebanx provides tools for tracking defaults but does NOT collect debts, guarantee repayment, or enforce Circle rules.
Circles may implement (per Charter):
When a default results in unrecoverable loss, allocation methods include:
After exhausting recovery efforts, the Circle may vote (2/3 majority) to write off a defaulted loan. Written-off amounts are allocated according to the Charter's loss sharing rules.
Charter-defined options:
Distributable amount includes:
Members leaving a Circle receive their proportional share of the Pool minus any outstanding obligations and pending defaults.
Members should first attempt to resolve disputes within the Circle using the platform's communication tools. The Circle may vote on disputed matters.
Trebanx may provide mediation tools and guidance but does NOT arbitrate disputes, enforce decisions, or guarantee outcomes.
For disputes that cannot be resolved internally, Members retain the right to seek legal remedies independently. Circle participation does not waive any legal rights.
Contact for support: support@trebanx.com
Charter amendments cannot:
Trebanx may update this Framework with reasonable notice. Circles will be notified of material changes and given time to review before implementation.
Trebanx is a technology platform that provides tools. We do NOT control Circles, make lending decisions, or guarantee outcomes.
Trebanx charges a percentage fee on net interest earned by Circles. Fee structure is disclosed before Circle creation and may be updated with notice.
PARTICIPATING IN CIRCLES INVOLVES SUBSTANTIAL RISK. YOU COULD LOSE SOME OR ALL OF YOUR CONTRIBUTED FUNDS.
For complete risk information, please review our Risk Disclosures and Terms of Service.
Questions about governance? Contact support@trebanx.com