Start here
Status: Built, runs on simulatorStatus: Pending counsel
Merces is software for raising capital against a capped share of future income; this section explains the idea before you choose a role.
The person raising capital is the issuer. A backer supplies capital under agreed terms. Mercery is the mechanism that connects raising, reporting, paying and buying back.
Begin with the idea
- What is Merces? explains who it is for and what the instrument represents.
- Merces and Mercery separates the product, the mechanism and the records it creates.
- The glossary defines the words used throughout the docs.
Read the status before acting
The protocol has local implementations on Solana and Monad. The checked source baseline has no devnet or testnet deployment. A simulator result is evidence about local software; it is not a place to send money.
Status: Built, runs on simulatorThe signing flow uses placeholder contract texts and a mock signing provider. Counsel must supply the final texts. These docs do not turn a software example into an available offer.
Status: Pending counselLooking for the public programme?
Humanathon is Merces's planned public season. It has its own rules and entry process. Begin with What Humanathon is; taking part does not oblige anyone to raise.
Not advice
Nothing in these docs is legal, tax or investment advice. Merces is software and a protocol, not a lender or broker. Before you decide anything, talk to a qualified adviser who knows your situation.
What can go wrong
Code being built does not mean a deployment, a legal agreement or an income-source provider is ready. Check the status of each part before treating a description as something you can use. Raising and backing both depend on terms that still need legal review.