DeFi lending in the ETH mainnnet

SmartcreditEditor
SmartCredit.io & ChainAware.ai
2 min readOct 1, 2020

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We’re happy to announce that our DeFi lending product is now fully live in the ETH mainnet.

Key Features

1. Fixed Interest rate DeFi lending — fixed interest rate, fixed term.

2. Borrowers have 2x smaller collateral requirements than other DeFi platforms

3. Borrowers have a wide choice of collateral

4. Lenders receive loan tokens after creating a loan. Lenders can use these loan tokens as a mean of payment (loans are tokenized and transferable)

5. Holders will receive interest for the loan tokens (interest-bearing to the holder)

6. Passive Investors will have Private Fixed Income Funds, which invest automatically into the borrower’s loans

7. Non-custodial API for other platforms — wallets, payment engines, marketplaces

Our application is accessible via https://app.smartcredit.io

Thanks to everyone for the tremendous support. If you have any questions regarding the platform, do not hesitate to join our Telegram community.

Additional Info

Follow us on social media:

Telegram: https://t.me/SmartCredit_Community
Twitter: https://twitter.com/smartcredit_io

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