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Paypolitan wallet (300k users) integrated SmartCredit.io Borrow/Lend SDK

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Key Takeaways

  • Wallets and DeFi platforms can integrate SmartCredit.io fixed-term borrowing and lending directly into their product using the Borrow/Lend SDK.
  • Integrators earn SMARTCREDIT bonus tokens pro-rata on borrow/lend volume, plus 25 SMARTCREDIT per referred user's first loan over $1,000.
  • Integrators receive 50% of platform revenues from their referred users, ongoing.
  • Paypolitan (300k+ users) added their EPAN token as collateral and enabled borrowing for their user base using the SDK.

Paypolitan wallet implemented with Borrow/Lend SDK:

  • Fixed-term, fixed-rate borrow functionality
  • Lending functionality
  • Paypolitan token (EPAN) was added as collateral into SmartCredit.io. Paypolitan users can now borrow against EPAN collateral.

Benefits of the integration:

  • Paypolitan offered additional functionality to the users
  • Paypolitan increased the utility of the EPAN token

Monetary benefits to Paypolitan:

  • SMARTCREDIT Bonus tokens pro-rata, pro volume, based on Paypolitan user's borrow/lend transactions
  • Referral rewards of 25 SMARTCREDIT tokens per user when a user does the first loan of more than 1000 USD.
  • 50% of the revenues on their referred users forever

Further info