Application

Collaterals

SmartCredit.io supports 20 collateral assets including WBTC, WETH, ETH, USDT, USDC, DAI, and partner ERC20 tokens. All loans are over-collateralized.

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Key Takeaways

  • SmartCredit.io supports 20 collateral assets, including ETH, WBTC, DAI, USDC, USDT, SMARTCREDIT, and partner tokens.
  • All loans are over-collateralized; liquidation ratios range from 106% (stablecoins) to 122% (volatile tokens).
  • Partner tokens are supported as collateral, increasing their utility within the DeFi ecosystem.
  • The Liquidation Ratio for each asset is listed in the table below with its Etherscan contract address.

The loan requests are always over-collateralized.

SmartCredit.io supports 20 collateral assets:

  • wETH, wBTC, and ETH
  • ERC20 tokens
  • Partners ERC20 tokens
  • Stablecoins
  • The native SMARTCREDIT token

The loans are over-collateralized. The concrete Collateral Ratio for a loan depends on multiple parameters. See more details in the "Collateral Ratios section".

If the value of the collateral to the loan sinks to the Liquidation Ratio - then the loan will be liquidated. SmartCredit.io does not earn on the liquidations. See more details in the "Liquidation section".

Here is a detailed list of collateral assets, the link to the Etherscan, and the Liquidation ratios.

Partner tokens are marked in bold - SmartCredit.io adds partner tokens to the collateral list, increasing their utility within the DeFi ecosystem.

CollateralEtherscan LinkLiquidation Ratio
ETH113%
wETH0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2114%
wBTC0x2260FAC5E5542a773Aa44fBCfeDf7C193bc2C599112%
DAI0x6b175474e89094c44da98b954eedeac495271d0f106%
USDC0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48106%
USDT0xdAC17F958D2ee523a2206206994597C13D831ec7106%
BAT0x0d8775f648430679a709e98d2b0cb6250d2887ef115%
BNT0x1f573d6fb3f13d689ff844b4ce37794d79a7ff1c119%
CRO0xa0b73e1ff0b80914ab6fe0444e65848c4c34450b115%
ENJ0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c115%
EPAN0x72630B1e3B42874bf335020Ba0249e3E9e47Bafc112%
LINK0x514910771af9ca656af840dff83e8264ecf986ca115%
LRC0xbbbbca6a901c926f240b89eacb641d8aec7aeafd119%
ID0xEBd9D99A3982d547C5Bb4DB7E3b1F9F14b67Eb83114%
MKR0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2118%
PNT0x89Ab32156e46F46D02ade3FEcbe5Fc4243B9AAeD122%
REP0x221657776846890989a759ba2973e427dff5c9bb113%
SMARTCREDIT0x72e9D9038cE484EE986FEa183f8d8Df93f9aDA13120%
UNI0x1f9840a85d5af5bf1d1762f925bdaddc4201f984121%
ZRX0xe41d2489571d322189246dafa5ebde1f4699f498113%

Further info