SmartCredit.io is a Decentral Finance application for crypto borrowing and lending. The key features are:

• The low collateral ratio for the borrowers
• Personal Fixed Income Funds for the lenders
• Fixed-term and fixed interest loans

The key difference is that SmartCredit.io focuses on the DeFi fixed-income-funds as opposed to the DeFi money-market-funds (as most of DeFi lending solutions today).

SMARTCREDIT is the utility token for:

• Utility and loyalty token on the SmartCredit.io platform
• Collateral for the loans
• Liquidity mining for the borrowers, lenders, and integration pa (which integrate SmartCredit.io platform)

SmartCredit.io offers the following functionality:

• Borrowers can receive fixed interest and fixed-term loans with a lower collateral ration than the money-market-funds
• Borrowers can complete the optional credit-scoring, which allows reducing the collateral ratio and the loan interest
• Lenders receive fixed interest instead of the fluctuating money-market-funds interest
• Lenders have their own Personal Fixed Income Funds
• Integrators can integrate our User Interface Widgets and earn loan origination fees plus reward tokens

10% of the total supply (2 500 000 tokens) are unlocked. 90% of the total supply (22 500 000 tokens) are time-locked with OpenZeppelin contracts and will be released 1/4 (in equal parts) in years 2, 3, 4, and 5. The current circulating supply is 1 106 625 SMARTCREDIT tokens.

Tokens allocation is the following:

• 40% for liquidity mining for integration-partners and users
• 10% for the marketing
• 10% for the team (starting from the second year, released ¼ per year)
• 20% for the liquidity provision
• 15% reserve and insurance funds

The Co-Founders are Martin Ploom and Tarmo Ploom, Ph.D. Both are ex-Credit-Suisse Vice Presidents from Zurich, Switzerland. Both are MBAs and CFAs. They know the traditional banking and credit-systems inside out.

They are early blockchain adaptors, co-authored first german-language blockchain book, are giving lectures and write the blog: https://smartcredit.io/blog

Blog: https://smartcredit.io/blog Medium: https://medium.com/smartcredit-io Twitter: https://twitter.com/smartcredit_io Telegram: https://t.me/SmartCredit_Community

Application: https://app.smartcredit.io

SMARTCREDIT is listed on the Uniswap

New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.

SmartCredit.io is a decentralized finance application for crypto borrowing and lending. It offers low collateral ratios for borrowers, personal fixed income funds for lenders, and fixed-term and fixed-interest loans. Unlike most DeFi lending solutions, SmartCredit.io focuses on DeFi fixed-income funds instead of money-market funds.

The utility token for SmartCredit.io, called SMARTCREDIT, serves as a utility and loyalty token on the platform, collateral for loans, and is involved in liquidity mining for borrowers, lenders, and integration partners.

SmartCredit.io provides borrowers with fixed interest and fixed-term loans at lower collateral ratios compared to money-market funds. Optional credit scoring is available, allowing borrowers to reduce their collateral ratios and loan interest. Lenders receive fixed interest rates instead of fluctuating money-market fund interest and have their own Personal Fixed Income Funds. Integrators can integrate SmartCredit.io's User Interface Widgets and earn loan origination fees and reward tokens.

There are a total of 25,000,000 SMARTCREDIT tokens. 10% of the total supply (2,500,000 tokens) are currently unlocked, while the remaining 90% (22,500,000 tokens) are time-locked with OpenZeppelin contracts. The time-locked tokens will be released in equal parts over the course of years 2, 3, 4, and 5. The current circulating supply is 1,106,625 SMARTCREDIT tokens.

The token allocation is as follows:

• 40% for liquidity mining for integration partners and users
• 10% for marketing
• 10% for the team (released 1/4 per year starting from the second year)
• 20% for liquidity provision
• 15% for reserve and insurance funds

The co-founders of SmartCredit.io are Martin Ploom and Tarmo Ploom, Ph.D. Both are former Vice Presidents at Credit Suisse in Zurich, Switzerland. They both hold MBA and CFA qualifications and possess extensive knowledge of traditional banking and credit systems.

As early adopters of blockchain technology, they co-authored the first German-language blockchain book, deliver lectures, and maintain the blog at https://smartcredit.io/blog.

SMARTCREDIT is listed on Uniswap. If you are new to cryptocurrency, BYDFi provides an easy guide to buying Bitcoin or any other token.