To really understand how sPinto works, one should be familiar with the Silo and its related terminology. See this article or visit the docs for reference.

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Let’s answer the universal question first.

To understand this article, you should be familiar with how the Silo works and its related terminology. See this article for reference:

Before reading this article, it will be advantageous to have an understanding of the Silo and Field.

The Silo is the Deposit facility of the Pinto protocol.

The Field is Pinto’s credit facility. It allows users to lend Pinto to the protocol in exchange for future repayment of the principal plus a fixed interest amount. Modern currencies, like the US Dollar, rely on credit to stabilize the currency by bringing future value to the present. Pinto embraces credit through the Field, which loosely mirrors the way the Fed utilizes bonds. Increasing interest rates on bonds increases the value of the US Dollar, similar to how algorithmically raising the Temperature in the Field indirectly increases the value of Pinto.

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Pinto is paving the way for trustless execution at scale.