INTRODUCING KREDO: BANKING WITHOUT ACCOUNTS — SPENDABILITY WITHOUT OWNERSHIP
Blog—Technology—Introducing Liquidity Fog Pools: Capital Without Owners
Technology2025-11-15

Introducing Liquidity Fog Pools: Capital Without Owners

How shared, non-attributable capital reservoirs are replacing custodial wallets as the foundation of on-chain liquidity.

Introducing Liquidity Fog Pools: Capital Without Owners

Introducing Liquidity Fog Pools

Authorization-Based Finance

Introducing Liquidity Fog Pools: Capital Without Owners

At the heart of Kredo lies a simple but powerful idea: liquidity does not need owners to be useful.

traditional banking and DeFi rely on "accounts"—distinct buckets of value attached to specific identities. If you lose the key to the bucket, you lose the value. If someone sees the bucket, they know what you have.

We built Liquidity Fog Pools to change this.

What is a Liquidity Fog Pool?

A Liquidity Fog Pool is a shared reservoir of capital where individual attribution is intentionally impossible. Funds are pooled collectively, but from the system’s perspective, there is only "available capital" and a set of rules governing how it may be accessed.

Key Properties

  1. Non-attributable: Funds cannot be linked to individuals.
  2. Stateless: No balances are tracked per user.
  3. Composable: Multiple applications can draw from the same pool.

Why It Matters

This design eliminates the "honeypot" problem. There is no single user wallet to hack that yields a fortune. There is no balance history to analyze for surveillance.

Liquidity becomes infrastructure, not property. It waits for a valid authorization intent to release it, rather than waiting for an owner to sign a transfer.

In 2025, as we move towards a post-account economy, Liquidity Fog Pools represent the safest way to scale on-chain finance without compromising privacy or security.