We have seen that the crypto-economy has limited fixed-income capabilities. With our project, we want to fill this gap and add real value to the crypto users — to the borrowers, lenders, and passive investors.
The SmartCredit Token wallet is enabled for deposits and withdrawals. The USDT-SMARTCREDIT market is now open for trading.
The SmartCredit.io vision is to provide the key components of the alternate blockchain-based financial system — the crypto lending/borrowing, the fixed income funds and the integrations.
SmartCredit.io Release 1.1 Beta
We are very excited to announce that SmartCredit.io Release 1.1 Beta is starting.
SmartCredit Token Model
For the last month, many of you have been asking us about our token metrics. With the upcoming token sale in mind, we’re finally happy to share the Tokenomics of the SMARCREDIT Token with our community.
SmartCredit Token Utility
The SmartCredit.io will mint 25’000’000 SmartCredit.io tokens. What will be their utility?
SmartCredit.io Self-Reinforcing Crypto Lending Ecosystem
SmartCredit.io’s vision is to create a self-reinforcing DeFi lending platform. The first version of our non-custodial crypto lending platform available in the Ethereum main-net: https://app.smartcredit.io. SmartCredit.io’s vision is to enable the alternate financial system on the Blockchain.
All your questions about SmartCredit Token answered.
The tokens serve as a utility token and loyalty token on the SmartCredit.io platform. SmartCredit.io is taking a 0.5% fee on the loan originations and there is as well the Loss Provision Fund fee. The borrower will be able to use our tokens as a means of payment on our platform. Platform users can use SmartCredit.io tokens to pay their gas fees as well. Additionally, platform users and B2B partners will be rewarded with the tokens.
The tokens serve as means of voting — the key decisions will be put for the vote to the community. We will do what our community decides to do.
The borrower’s, lender’s and integration partners will be part of liquidity mining — they will be rewarded with tokens for their activity on our platform.
The tokens will serve as collateral for borrowing on the SmartCredit.io platform. SmartCredit.io loans are collateralized — we are using the main ERC20 tokens as collateral for the loans. And we add as well our token as a key collateral token for the borrowers.
You can use Bittrex Global and Uniswap to buy SmartCredit Token.