> For the complete documentation index, see [llms.txt](https://triple-plus-global.gitbook.io/tpt-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://triple-plus-global.gitbook.io/tpt-whitepaper/protocol-overview/core-mechanism.md).

# Core Mechanism

{% @mermaid/diagram content="flowchart LR
A\[Business holds<br/>receivable] --> B\[Lists asset<br/>at discount]
B --> C\[Investor<br/>provides capital]
C --> D\[Settlement<br/>on maturity]
D --> E\[Investor earns<br/>yield]
D --> F\[Business received<br/>immediate liquidity]" %}

### How it works

A business holding a $100,000 invoice due in 60 days might list it at a 5% discount ($95,000). An investor purchases the invoice, providing the business with immediate capital. When the debtor pays at maturity, the investor receives $100,000—a 5.26% return over 60 days.

### The pattern

| Product              | Asset Type      | Typical Maturity |
| -------------------- | --------------- | ---------------- |
| P2P OTC Trading      | TPT Tokens      | Immediate        |
| Invoice Factoring    | Unpaid Invoices | 30-90 days       |
| Supply Chain Finance | Purchase Orders | 60-120 days      |
| Trade Finance        | Trade Documents | 30-180 days      |

{% hint style="info" %}
The underlying economics remain consistent across products: **discount now, collect full value later**.
{% endhint %}