Transparency
When we collect, the chain remembers.
Every default execution we ever broadcast carries a public SHEXEC tag and the hash of the exact loan contract. We cannot hide a single one — this page is a convenience index over facts anyone can verify on Bitcoin directly.
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Loans originated
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Repaid in full
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Defaulted
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Executions on-chain
Execution record
Each entry claims only the capped collateral — the change returns, on-chain, to the member's own vault in the same transaction.
Verify it yourself
Don't trust this page. Every execution transaction contains an OP_RETURN output starting with SHEXEC followed by the SHA-256 hash of the loan contract. Scan the blockchain for the tag, compare against this index, and if you ever find an execution we didn't publish here — tell the world. That possibility is the point.