Checks Whitepaper
  • Cover
    • Checks Whitepaper
  • Overview
    • Introduction
  • Abstract
  • The Problem & Solution
  • MVP Features
    • Introduction to MVP
  • Standard Payment
  • Vesting Schedule
  • Platform Yield
  • Examples
  • Check Minting
  • Portfolio Management
  • NFT CHECKS
    • Design Overview
  • Check Types
  • Platform Structure
    • Tier System
  • Multi-Chain Support
  • Post-MVP Features
    • Introduction to Post-MVP
  • Escrow
  • Auto-Investment
  • Checks DAO
  • Checks Launchpad
  • P2P Lending
  • Paymart Integration
  • Token Economics
    • Check Token Utility
  • Check Token Tokenomics
  • Technical Documentation
    • Smart Contract Design & Security
  • Technical Deep Dive
  • Revenue Model
  • Appendix
    • Conclusion
  • References
Powered by GitBook
On this page
  • Executive Summary
  • Preface
  1. Cover

Checks Whitepaper

Official Documentation by Paycheck Labs

NextIntroduction

Last updated 20 days ago

Version: 1.0.0 Date: April 18th, 2025 Author: Paycheck Labs Website:

Executive Summary

This whitepaper presents a comprehensive technical and strategic overview of the Checks Platform—a decentralized finance protocol that transforms financial agreements into programmable, self-executing NFT Checks.

Developed by , the platform leverages Ethereum standards such as token-bound accounts (ERC-6551), modular smart contracts (EIP-2535), and advanced DeFi integrations to unlock new capabilities in structured payments, escrow payments, token vesting, staking, and more.

Intended for:

  • Builders and developers integrating programmable finance

  • Crypto-native teams managing token lockups or distributions

  • Investors and DAO participants evaluating protocol mechanics

  • Businesses and individuals exploring trustless financial agreements

This document will guide you through:

  • The motivation and problem space behind the platform

  • Core MVP features and their functionality

  • User experience and real-world use cases

  • Protocol architecture, tokenomics, and staking models

  • The roadmap for post-MVP innovations and ecosystem growth

Each section provides an in-depth look at the mechanics and design rationale of the Checks Platform, illustrating how programmable, modular NFT-based agreements can help shape the future of decentralized finance.

Preface

The evolution of programmable finance requires more than technical innovation—it demands clarity, trust, and real-world usability. The Checks Platform was built to address a key gap in DeFi: the need for structured, trustless agreements that can be created, executed, and audited without custom code for every transaction.

This whitepaper aims to deliver a clear, transparent, and accessible explanation of the Checks Platform, distilling complex technical ideas into understandable concepts without sacrificing the depth needed by developers and advanced users.

The whitepaper serves three main purposes:

  1. Educate the community on how the protocol works and why it matters.

  2. Document the features, mechanisms, and models that underpin the platform.

  3. Align stakeholders around a shared vision for decentralized, programmable financial agreements.

Whether you’re exploring the platform for the first time or looking to build on top of it, this document is designed as a comprehensive resource and reference for the Checks ecosystem.

Welcome to the future of programmable finance.

https://checks.xyz
Paycheck Labs