Definition
Billing Cycle
The monthly period during which agent spending accrues, followed by a statement and a 21-day payment window at zero interest.
Mithril's billing cycle works like a traditional credit card: agents spend throughout the month, drawing against their credit line. At the end of the billing cycle, the team receives a statement showing total spend, broken down by agent, wallet, and service. Payment is due within 21 days — zero interest. This post-pay model is essential for agent autonomy: agents don't need prepaid balances and never stop working because funds ran out.
Related terms
Credit Line
A revolving line of credit issued to an agent or team by Mithril, enabling agents to spend now and settle at the end of the billing cycle.
Spending Limits
Configurable caps on how much an AI agent can spend per transaction, per day, or per billing cycle.
Agent Wallet
A blockchain wallet assigned to an AI agent, managed by Mithril, with configurable spending limits and controls.