Short answer: no. Defactor is built for finance professionals, not crypto natives. You never have to buy a cryptocurrency or manage crypto yourself to use it.
This guide explains what actually runs on-chain, why it's there, and what you interact with instead.
You work in finance terms
Everything you touch in Defactor is expressed in language you already use — facilities, borrowers, lenders, repayments, eligibility. There's no need to understand wallets, gas or tokens to run a deal.
The blockchain is an engine under the hood, not something you operate directly.
Why anything is on-chain at all
The on-chain layer exists to give you three things that traditional systems struggle with:
What you actually do
You log in, structure a facility or review an opportunity, and act on it — the same decisions you'd make anywhere. The tokens, transfers and ledger entries happen behind that, without asking anything of you.
If you ever want to understand the mechanics, our compliance and tokenization guides go deeper. But you don't need to.