# Distributed credit protocol A protocol for credit issuance and clearing: agents issuing collateralised credit enable transactions to be cleared on network ledgers. By issuing and accepting liquidity tokens [Economic space agent](/economic-space-agent.md)s gain the capability to enter the distributed credit and clearing network. Reciprocal issuance of liquidity tokens involves offers of credit. When matched by an acceptance, credit is granted to enable the network’s ledger to be netted (balanced) efficiently without a central clearing house. The protocol gives everyone in a network the right and responsibility to enable smooth functioning of economic relations. It gives everyone the right to issue “money” based on the production of a value (care, research, knowledge, environmental impact, etc.), making thus liquid heterogeneous value forms, thus making possible the creation and circulation of new collective values. A.k.a. Distributed liquidity protocol. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://glossary.ecsa.io/distributed-credit-protocol.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.