SmartCredit Token

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

How Many SMARTCREDIT Coins Are There in Circulation?

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

Who Are the Founders SmartCredit.io?

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