Oracles Integration
Oracles serve the interests of the borrowers. If collateral value is sinking below the pre-defined liquidation threshold, then oracle allows the liquidation engine to withdraw the collateral assets.
SmartCredit.io integrates Uniswap V2 Oracle.
Oracles are used in case of loan liquidations—if the LTV (the loan value to collateral) sinks below a predefined threshold (see in "Collaterals section"), then oracles allow the liquidator to access the collateral assets. If the LTV is above a predefined threshold, then the oracles do not allow the liquidator to access the assets. So, oracles are the gatekeepers that protect the client’s assets.
Tutorial videos:
- Video "SmartCredit.io intro"
- Video "How to borrow?"
- Video "How to borrow 1'000 USD stablecoins?"
- Video "How to connect your wallet with notifications?"
- Video "How to earn stable recurring income with Fixed Income Funds?"
- Video "How to mix variable interest rate and fixed interest rate?"
- Video "How to earn 50% + with borrowing?"
- Video "How to earn 30% + with lending?"
- Video "How to earn 15%+ on your collateral value?"
- Video "How to earn with staking?"
Further info
- SmartCredit.io: https://SmartCredit.io
- Twitter: https://twitter.com/Smartcredit_io
- Telegram: https://t.me/SmartCredit_Community
- Blog: https://SmartCredit.io/blog
- Learn: https://SmartCredit.io/learn