Independent Liquidity Provider (Agent) Agreement

1.1Nature of Engagement: The Agent acts solely as an independent peer-to-peer (P2P) liquidity merchant. This agreement does not create an employment, joint venture, agency, or franchise relationship with Bentawin.

1.2Commercial Responsibility: The Agent is independently responsible for maintaining their own business registrations, till/paybill infrastructures, tax obligations, and mobile money limits.

2.1Mandatory Pre-Funding: Agents must purchase and lock a platform Base Float in USD before receiving any routed transactions. Bentawin does not extend credit, loans, or unsecured liquidity lines.

2.2Collateral Buffer: To qualify for incoming transaction routing, the Agent's available, unreserved locked float must exceed the requested transaction value by at least 100% (2:1 ratio). Requests exceeding available liquidity are automatically re-routed by the matching engine.

2.3Custody: Locked float serves as a security bond guaranteeing player deposits and is held in escrow until order resolution.

3.1Dispatch Protocol: When an active player initiates an STK push, the engine dispatches the transaction to an online Agent possessing compatible payment rails and sufficient float.

3.2Instant Escrow Burn: Upon receipt of automated webhook confirmation from the aggregator that local fiat has arrived in the Agent's till/paybill, the platform immediately deducts the exact USD equivalent from the Agent's locked float and credits the player's gaming wallet.

3.3Irrevocability: Once the platform registers a confirmed deposit webhook, the float deduction is permanent and irreversible.

4.1Turn-Rate Commission: For each completed player deposit routed through the Agent's payment channel, the Agent earns a fixed platform commission (e.g., 5 KES equivalent per USD processed), credited directly to the Agent's platform earnings ledger.

4.2Payout Realization: Agents realize their core profit through the volume of local cash accumulated in their business till relative to the cost of purchasing platform float.

5.1Anti-Wash Trading: Agents are strictly forbidden from creating, funding, or colluding with player accounts to cycle funds and farm turn-rate commissions.

5.2IP & Device Isolation: Agent credentials, IP addresses, and hardware fingerprints must never overlap with player wagering sessions. Overlaps are flagged automatically by the Vetting Engine.

5.3Malicious Disputes: Submitting false dispute reports, attempting payment reversals on mobile money networks, or going offline while orders are locked in escrow constitutes gross breach of contract.

5.4Penalty Clause: Any confirmed malicious activity or commission farming results in instant termination of Agent status and complete, unappealable confiscation of the locked Base Float to cover platform liabilities.

6.1Settlement of Capital: An Agent in good standing may request offboarding and redemption of unencumbered Base Float.

6.2Settlement Rate: Float redemptions are processed at the platform's standardized withdrawal exchange rate (125 KES per USD) minus any outstanding settlement deductions, subject to standard anti-fraud clearance windows.