We are pleased to announce our next AMA on November 12th 2021 at 11:00 AM UTC Time: Satoshi Club x Credefi
⚠️Click to see the hour
⚠️Total Reward pool: 500$
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Credefi Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 5 questions. Credefi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Credefi
For more details:
Credefi Website – https://credefi.finance/
Credefi Telegram – @credefi
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
What is the promise of credefi? how secure is the financial system of credefi and can you describe how they work? what guarantees can this platform offer to create a new vision for users to become interested and invest? in credefi how could they provide NFT users with maximum transparency so they can invest with confidence. Due to the fact that nowadays in the crypto world there are many scams, how this app could change the way of thinking of the users? What guarantees can it offer to create a new vision for the users to become interested and invest?
The financial solutions proposed by Credefi are amazing, but I would like to know: is there any kind of geographical limitation to access your services or users from anywhere in the world can use Credefi without any inconvenience? Credefi Finance has the best financial solutions, but could you mention some of those financial solutions, can the platform provide content creators and creators with enough income to work in a good win-win environment?
You have clearly describe that DeFi yield are fragile, volatile, unpredictable as a result of performance inconsistencies which make the evaporate during bear markets. Despite this obvious reality, you said your platform will be a credit platform that will allow users to earn tangible fixed yield that is not influenced by crypto reality. Can you explain how you are going to sustain a high fixed yield that will be able to satisfy DeFi lenders appetite? Since you said lenders earning is not correlated with crypto market reality, what then is it correlated with? How are $CREDI holders which you have described as your lenders broken into tiers and how are these tiers used to distribute rewards, utilities and benefits to them?
Credifi allows users to select their preferred risk range on their investments, starting from, Low, Medium Low, Medium High and High. Each risk range varies in interest rates. Can you please explain to us the mathematics behind your risk ranges and its correlation with the interest rate percentages? Also, how would users know what risk range is suitable for themselves and their investment risk tolerance? Do you have any means of informing your clients first about investment decisions before they select their desired risk range and indulge into your services?
I found out that Credefi is able to utilize real-world collateral for big business borrowers and to do this, Credefi had established a partnership with a certain European-accredited financial institution. Can you discuss more about your collateral mechanism for business borrowers? What real-world assets can be used as borrower’s collaterals? Also, can you disclose the name of the financial institution that helps Credefi in this matter?
When I scrolled into your roadmap, I noticed that by next year, Credefi is planning to migrate its protocols and ecosystem to Solana. Solana’s recent mainstream adoption and price surge have really attracted a lot of project for them to migrate and interact with the network. What could have been the reasons behind Credefi’s migration to Solana? The year is almost ending, are your already started to work on the implementation of this plan?
Hello Credefi team. One of the slogans that stands out the most when we enter the Credefi website says “We resolve the key challenges that DeFi and TradFi are facing today.” To be honest DeFi really faces a lot of significant challenges. Are there any specific challenges that Credefi primarily focuses on and on which you focus your most attention? Of all the challenges facing DeFi, which is the main one to which Credefi aspires to provide a solution? According to what you have observed all this time … what do you think should be the challenge to which a solution should be provided as soon as possible? And what tools do you have to achieve it? Thank you!
While looking at Credefi’s website, I saw that Credefi has a partnership with an EU-accredited financial Institution. That being said, can you tell us more about this partnership? With which Institution are you partners with? What kind of benefits does this partnership provide to you, as a “Crypto lending for real-economy projects” platform? Also, what kind of advantages does this partnership allows you to provide to Credefi’s users they won’t be able to receive on any other similar platform? And, I was intrigued, why did you decided to partner with this EU-accredited financial Institution? Any plans on partnering with other ones in the future?
It caught my attention that one of the solutions Credefi offers is “Portfolio Lending”, where CREDI holders can lend stable coins to credit portfolios with risk profiles ranging from low to high risk. So, with that in mind, can you tell us more about this Portfolio Lending solution and how does it actually work? How can this be a solution and to what specific problem? Also, what can be considered as a profile with low or high risk? What benefits do holders receive from making this lends, especially to those profiles that are considered as high risks? What kind of reward will be worth of it? Most importantly, how do you assure this holders that take the high risks, that their lendings are safe and they won’t lose anything?
While reading about Credefi, I saw that one particular thing you are really proud about, is the security that is given to users on the platform. That being said, can you tell us a litte bit more in depth about it? You’ve said before that Credefi’s ecosystem will have a 3-layer security system implemented on the platform, so, what mechanisms will integrate this security system and form it as a whole? What kind of tests has this security system passed before to be really sure about it’s effiency? Also, why did you decided to create your own security with the combination of this 3-layer system instead of using any other security system that has been proven to be really good? What kind of benefits does this provide to Credefi and to lenders?
Тhe CREDI token holders can lend stable coins to credit portfolios with risk profiles ranging from low to high risk. The platform will provide risk assessment and credit score data to lenders so they can take an informed investment decision. The credit portfolios will achieve APYs of 10% and higher depending on the risk appetite of the user. Is there a maximum amount of token that a user can lend or borrow per day? What measures do you have in place to assure lenders safety of their coins and token if there will be no collateral?
In your whitepaper, you highlighted 5 inefficiencies of the centralised financial system which include centralised control, inefficiencies, inaccessibility to complete financial services, absence of interoperability/interconnectivity and lack of transparency. However, one of the first public partnership announcement is with EXPERIAN, one of the top centralised credit score and financial management platform. Can you explain the extent of your relationship/partnership with Experian considering the limitations of the centralised settings? What benefit will this partnership afford you and how will it assist your risk assessment, credit rating algorithm and reduced friction in your lending process? Also, can you tell us about the Experian Innovation week because I learnt that you are one of the keynote speaker and you are going to speak as a DeFi ambassador during this event?
Credefi is a unique protocol in many ways. We are pioneers in connecting DeFi with real-world companies, a challenging task that very few projects have set out to accomplish thus far. What gives us the confidence that we will succeed in our mission is the loan facility that we have developed. What are the distinctive and innovative characteristics of Credefi? How does the credefi loan model work? Is this loan model revolutionary?
Credefi’s credit rating system is designed to include both quantitative and qualitative data. Each borrower undergoes a review and this is how we assess their credit worthiness, as well as the risk premium and collateral requirements. What are these qualitative and quantitative data evaluated by Credefi? What are the minimum requirements to meet?
your product in such a way that it is easily accessible to both lenders and liquidity providers. How is Credefi designed to facilitate access to both lenders and liquidity providers? Is the Credefi platform easy to use for everyone? Who is Credefi primarily addressed to?
Established a partnership with a European licensed financial institution, the purpose of the partnership is collateral management of real world asset promises. The name of the financial institution is Credit plus. It has been selected because of its ability to recover funds from doubtful exposures. Does Credefi estimate to carry out more associations such as Credit plus? What is the strategic benefit for credefi this type of association?
Through their proprietary risk assessment modules, which are part of their three-layer security mechanisms, they have developed two different dashboards that each borrower experiences when applying through Credefi. What are the 3-layer security mechanisms that Credefi has? How do credefi risk assessment modules work? What are the parameters taken into account?
In phase 3, you plan to launch Trade Finance. With trade Finance, lenders and borrowers will be able to underwrite letter of Credit or Letter of Guarantee. What is the essence of these letters and how does this work? What type of goods will users be able to trade and ship using this service? How do you determine if a seller have completed a shipment to a buyer before releasing the deposited stablecoin assets of the buyer to the sellers? And in case of malfunction or damage after shipment, how can a buyer return such item and get it fixed or get his deposit refunded?
According to your roadmap; the events scheduled for November 2021 are “Public Sale” and “Platform launch(Phase 1)”.
-How many phases does your platform development have and when will the other phases be launched? Can you explain the features/characteristics of the various phases of the platform development?
-How can users participate in the Public Sale? Can you give an idea of what the price will be during the public sale? Will there be minimum or maximum number of tokens a single user can buy?
“Credefi connects crypto lenders with SME borrowers from the fiat economy”. Crypto lending works similarly to a hard money loan: A borrower must first put up some at-risk collateral (in most cases, a portion of their crypto) that you as the lender can seize if the borrower defaults on their payments. Usually, the collateral has to be over 100% of the amount they are borrowing. Does Credefi work this way too? If not, how does Credefi go about crypto lending? Is Credefi an accredited financial institution? Can you explain the means set up by Credefi to protect crypto lenders?
I noticed that the governance in your platform is divided into 3 phases “Start up phase”,”Community Participation phase” and “Decentralised Phase”.So what brought the idea of having 3 phases and not one?Will the Start up phase/Decentralised Phase continue on your or its there for a limited time?Will users participate in all phases or they are limited to just the Community Participation phase?You made mention of users will need to stake xCREDI in the governance module of the platform.So what is the specify amount of $xCREDI will users need to stake before they can participate in your platform governance?And will this payment be a 1 time payment or whenever there is any form of voting users have to stake before they can participate?What will the tokens staked for voting be used for in your ecosystem? Thanks
$CREDI holders will be divided into tiers depending on the holding amount and each tier will bring different benefits and utilities to the $CREDI token holder.Can you mention the number of tiers you have?How many users can each tiers contain?And what will be the exact maximum amount they need to hold in each tiers?You also said that $CREDI holders will receive additional benefits like,better rates,lower fees,access to VIP projectsand early access to features of the platform.Does this benefits apply to all $CREDI holders or only some selected few especially those in the tiers? Please kindly explain Thanks
CreDeFi Finance, in partnership with Lithium Finance, will be a “Wisdom Seeker” in the Lithium ecosystem and will be able to use data provided by Wisdom Nodes to provide accurate pricing information regarding collateral. Will it help lenders accurately and precisely identify offers from borrowers, pricing and risk profiles for their real economic assets?
I read that you have an accredited financial partnership with the European Union. What is the scope of this partnership? What additional security does CreDeFi provide to liquidity customers?
I noticed Security is one of your top priorites in Credifi as such you have implemented a 3 layer security for your platform lenders and you mentioned that the combination of in house proprietary credit scoring,crypto and real economy assets collateral can be of great benefit in that regard,so can you explain how beneficial it is for lenders?And concerning the Credefi security module you created I want to ask this, suppose a loan on the platform goes into default and liquidating the collateral proves insufficient to cover the loan principal and interest,what connection does your security module play in this regard?Will it be that the security module will reduce the risk of any loss of fund in your platform?And if a loss does occur will there be any form of compensation? Thanks
According to your tokenomics, the Credefi ecosystem will make use of two tokens which are; $CREDI token(the native token of the Credefi ecosystem) and $xCREDI(will be used to participate in future governance).
-I understand that $CREDI holders will be divided into tiers and each tier will bring different utilities and benefits to the $CREDI token holder. Can you list the tiers available and what determines the tier a holder will belong to? Can you also mention some of the benefits/utilities associated with each tier?
-How can users get/own $xCREDI and what are some of its use cases?
Do you consider that the market crash on May 21 could be repeated, as can credefi stay safe in case of a similar situation, can Defi and Tradefi come to unify through Credefi, what is your opinion on exchanges and intermediaries financial?
What do you consider to be the great shortcomings of traditional finance and which have in some way contributed to the rapid development of Defi, how do they plan to involve new traditional non-crypto investors, both individuals and Pymes and create a system with a fast, flexible financing solution and easy to use, why do you consider that Defi has so far little connection and impact on the real economy and how do you plan to replace outdated and bureaucratic outdated banking service systems?
How difficult and complicated can it be to dissociate itself from such a demanding system that has been working with for decades and turn to modernity and independence through the decentralized financial system, which you consider should be applied so that the impact of culture cryotography in society is more refreshing and generates trust, transparency and performance in the market, social and financial support?
I read on your platform “You have a strategic alliance that provides real guarantees to EU accredited financial institutions themselves”, can you tell us about the financial institutions Credefi works with? Does Credefi plan to expand its partnership network with more European licensed financial institutions in the future? What does Credefi want to achieve with these partnerships and can you tell us about the purpose of your recent European licensed financial institution partnership?
Can you tell us about the CREDEFI credit system? What are the conditions, credit rating system, collateral types, maturity, minimum and interest types you have determined for the CREDEFI loan system? What kind of material or moral guarantees do you intend to receive, and if the value of the collateral increases or decreases, how do you plan to reflect this to the borrower?
Credefi platform will be able to provide zero-collateral loans on a case-by-case basis. Since it’s case by case basis, what criterias qualify a user for zero collateral loan?, How do Credefi platform ensure Users who take zero-collateral loan pay back?, Are interests on zero collateral loans higher or same with the collateral loan?
Your native token is $CRED and it performs three function of reward distribution, security layer and tool for investment opportunities. Can you highlight how how this token will perform these platform functions? How does it act as a security layer because I read that when CRED is deposited into security module, xCRED is obtained. What are security modules and how do users obtain xCRED from it? How does CRED, xCRED and security module interact to ensure platform security as well as stability? Lastly, you said that CRED will have a perpetual inflation of 5% increase every year. Why do you prefer to have a inflation token and increasing the supply of CRED yearly rather than a deflationary token supply? Does it mean that you won’t have plan for token burn, buyback or other initiative that can result in scarcity of $CRED supply?
In your lending to portfolio phase, you help individuals make informed decisions about which project to lend to by providing risk assessment and individual credit score and profiles. What are the parameters you use in determining credit scores and rating profile? Are lenders bound to strictly adhere to your suggestd project to invest in or they are at liberty to submit it themselves?
Тhe CREDI token holders can lend stable coins to credit portfolios with risk profiles ranging from low to high risk. The platform will provide risk assessment and credit score data to lenders. What is the minimum CREDI token a user must hold to be able to become a LENDER?, What stable coins Do Your platform support? Apart From Making User eligible to LEND stable coins, What are other Usecases of the $CREDI Token? And lastly on what basis are the credit score data of SMEs and users who want to borrow stable Coin calculated?
SMEs need reliable lending sources and DeFi needs reliable creditworthy borrowers, so Credefi brings them together in a win-win solution. For collateralized loans, What can SMEs use as colleteral to collects and access loans? and what actions are taken if a borrower fails to return a Loan within a stipulated time?, What are the additional charges and interest for defaulting a loan repayment? and lastly Can a borrower request for extension of Repayment period?
To participate in Portfolio Lending and Project Based P2P Lending, is it necessary to comply with any verification or KYC for better security within your platform? How do you guarantee that these loans and investments are totally secure? How do the uncollateralized loans work on a case by case basis?
It strikes me that users can deposit USDT or DAI to generate some income in a certain time with different risk ranges, but what do you really mean by “risk”, can I lose my investment? If I want to start, what risk range do you recommend or how can I evaluate the risk?
You offer an APY starting from 10% with stablecoins, so what is the diversity of stablecoins that are available? Why you focused only on stablecoins, is it possible that in the future you will not support other currencies? Don’t you have a native token with which you can bet as well?
I understand that your main function is to solve the key challenges that DeFi and TradFi are currently facing, but can you explain to me what are the challenges or problems that DeFi and TradFi have when it comes to lending? How do you manage to solve them and provide a good user experience?
Truly,Small and medium enterprises have been historically underserved by traditional banks and they are borrowing at consistently high interest rates,how does credefi aim to change this and pioneering to bridge this two worlds to enable the flow of defi funds to the real world? How fair is your interest rate compare to traditional banks?
Also found out that your CEX listing is coming shortly after your IDO launch on cardstarter, so when will it be out with the fact that we have just few weeks to end of 2021?
I found out that credefi is backed by a regulated EU financial institution that provides endless endless know-how and opportunities, this institution also offers legal protection for both lenders and borrowers,in summary this institution is a great pillar behind credefi’s lending and borrowing system,now tell us,what attracted this honorable institution to credefi? What impacts have this backing have on the development of credefi? Is there any win-win benefit that you will also give back? Did you consider them for future collaboration or there is already an ongoing partnership just like with Experian -one of the big three credit scouring agencies in the world, lithium finance and supraOracles?
At the moment credefi’s team is in an exciting mood for accomplishing an important milestone in their journey which is the current launching of their IDO on November 8 with cardstarter, please tell us how was the event? What sort of projects will credefi consider onboarding on its IDO platform? To what extent and function will your IDO platform operate? Does it provide full pre launch, incubation and post launch services to prospective projects? What other significant events and services should we expect this quarter?
Greetings Ivo, I would like to know about the Credefi team, how many years of experience does your central team have in the financial industry and how did the idea of creating Credefi come about? Do we know about the limitations, inefficiencies and great friction in transactions that exist today? I would like to know how Credefi comes to solve those limitations and those problems of inefficiency and the friction of transactions? You can give us more details of the functions that Credefi would use to solve these limitations and frictions.
Your platform’s mission is to provide a comprehensive solution to the lending and borrowing problem in DeFi. As lending and borrowing is a necessity, but also an extremely scary experience for both new and veteran investors (or any person) I’d like you to clearly and eloquently explain what is your solution to the existing problems, and what are the main reasons why Credefi is the best platform for us to venture in the lending and borrowing world. Thanks.
At what point was the idea of creating Credefi born and thus connecting the dots and bringing DeFi to SMEs? What does Credefi solve by bringing Defi to SMEs? Can cryptocurrency lenders and SME borrowers from the real economy connect on your platform and what type of loans does it allow? You can explain us about these points.Thank you
You said that CREDI and xCREDI tokens are the founding pillars of CREDEFI Ecosystem, What roll does CDREDI and xCREDI tokens play in your ecosystem for a better improvement?You mentioned here that CREDI and xCREDI tokens are an alpha that can take our investment to a whole new level again you come to say that none of what you mentioned is an investment advice so everyone should DYOR. Question, Does it mean those information is not reliable? Can you explain why you said investors will have to DYOR before deciding to invest? How can you convince your users about your TOKENS and their best rewards for investment?And which amongst the two TOKENS can be used for investment?
Can you give more explanation about this Tokens CREDI and xCREDI? Why do CREDEFI ECOSYSTEM need two tokens? What are the functions of this tokens? And how can a user own xCREDI token? Which amongst this tokens is used for lending and borrowing in your platform? And which is for IDO? PLEASE EXPLAIN thanks
I noticed that you used a Launchpad for and IDO, can you tell us why you choose to use a Launchpad or is it because evryother projects are using Launchpad for their IDO? what is the function of the Launchpad in the IDO program? How did the IDO PROGRAM benefit your project?
Please explain the goal of creating Credefi treasury and the source of means it will be feed with. By passing through your white paper we can notice that Credefi customers are planned to be paying different volumes of fees, it is clear enough where these fees will be trasnferred and the most important where are they going to be invested? Do you plan to support charity programs, encourage token holders or constantly develop the project?
What differentiates Credefi from projects that already exist, what makes it unique and different? What is your mission and goal in connecting Defi with real world companies? What is Credefi developing to create a secure and reliable loan mechanism on the platform for lenders? easy to use and accessible for SMEs? You can give us more details about these functions.
One of Credefi’s solutions to solve current lending problems is to use CREDI tokens for lend stable coins to credit portfolios but this will depend on the risk appetite of the user, so could you show us an example of the APY expectation for an user for both low and high risk?
According to your website you’ll be implementing a 3-layer security for your platform lenders, so could you tell us about Credefi’s security module and how will it prevent possible attacks from external parties all the time? What’s the real protection you can get from it?
I noticed that your platform supports direct peer-2-peer finance. Did you examine the issues related to the reliability? For example, if a borrower does not repay a loan, do you guarantee to return the funds to the lender on behalf of the borrower? What will happen if a borrower face an accidental death? Do you have any partnerships with insurance providers to solve this type of problems? Please explain about the nature of your intervention in problematic circumstances. Moreover, can lenders minimize these issues? Is there an option for them to check the history of borrowers before lending?
It caught my attention that the lenders are entitled to the entire interest of the facilities they finance on Credefi. Can lenders individually decide their lending rate? On the other hand, what does Credefi get from running the platform? Previously, I thought that Credefi charges a commission from lenders/borrowers. If you don’t charge any fee, how do you get an income from this procedure? Without a proper income source, how do you assure the longevity of the project?
Your lending feature is yet to be launched. If someone is looking for a quick loan to cover the business needs, how can he prepare himself for the application process? What type of documents will be needed? Please explain when will you launch this feature and what will be the processing time period of a loan. Moreover, describe about the repayment methods and the policies on Credefi.
Under P2P lending options, You have promised that you will provide zero-collateral loans on a case-by-case basis in addition to Collateralized loans. This is new to me, What is this alternative Zero Collateral loans & What is the purpose of it? Should The borrowers not pay the interest back for their collateral loans? If You will not charge interest rate or certain fee for Collateralized loans, What kind of advantages will Credefi platform aquire through Zero Collateralized loans?
In the beginning of 2022, Credefi will migrate to Solana Ecosystem also while you initially prioritized the Ethereum chain. Can you give us a sneak peek about the onboarding Solana network in to the Credefi platform? How will this migration be impacted on Credefi ecosystem & Solana ecosystem, What will be the advantages fot Credefi users by integrating Solana in to Credefi platform? Will this be a forward step to become the Credefi as a cross chain solution platform? When Will you onboard the BSC, CARDANO, POLYGON networks?
According to Cryptopotato article, Credefi have raised $1.8 Million through the Private Round with Moonrock Capital, Varys Capital, X21 Digital, Magnus Capital, Skynet Trading, LucidBlue Ventures, AU21 Capital, Peech Capital, Metrix Capital, Maven Capital, RR2 Capital, ZBS Capital etc.. It seems lot of VCs accepted you. Is the $1.8 Million adequate for you? What will you do with the $1.8 Million fund? How will you encourage your strategic investors to make fund more?
Credifi recently published it IDO information a couple of days back. This event is scheduled to take place on Cardstarter. However reading through, the details provided for this upcoming event was pretty limited. Therefore, can you provide a comprehensive detail of your IDO event, when would it come up and what are the basic requirements to participate? Also, Credifi has planned some notable events to follow up from its IDO, and they include; listing on CEXs, Token distribution, Listing on DEXs, BSC Bridge and Pancakeswap listings, and many more. Can you extensively talk on these events, how would Credifi efficiently carryout these tasks and what would be the possible dates and timelines to these events?
Hello Admin,
kindly IGNORE this specific question.
Thank you!
Credifi recently concluded its IDO event on Cardstarter a couple of days back, and it has made plans to embark on some notable events as a follow-up to its IDO. Firstly, can you kindly brief us on the outcome of the IDO event, how successful was it, and how was the general investor turn up? Finally, with a planned roll out of notable events such as; Listing on CEXs and DEXs, Token distribution, distribution of Placeholder tokens vCREDI, BSC Bridge and Pancakeswap Listing, Staking Programs and lots, can you therefore give us a detailed roundup on how these events and more will be thoroughly carried out, and what would be the possible dates and timelines to these notable events?
A couple of weeks back, Credifi announced the Kick off of its program in collaboration with Brokoli Network known as “green” DeFi. It is hoped that this strategic alliance with Brokoli Network will create some form of eco-friendly initiative and awareness with investor trading activities. As measures towards a safer climate are highly laudable, can you kindly explain the full details with this program, how would trading and other platform activites be adequately channelled to promote a greener world, and what will be the overall long-term benefit of this alliance with Brokoli Network?
When I discover about the Backgrounds of Credefi Project, Credefi was backed by Credfi Ltd, registered in bulgaria with registration no:206396291. I like to know more about Credfi Ltd organization, Can you tell me? Since Credfi Ltd is a centralized organization, will Credefi project be also a Centralized project? Does the Credefi Ltd organization provide funds to raise the Credefi project & gain the profits in return?
In Credefi whitepaper, there are three types of Risks- Credit Risk, Operational Risks & Liquidity Risks. Could you please explain about the relation between these risks & $CREDI Staking feature? In what way will these risks be impacted on investors? What are the strategic ways that Credefi offers for the investors to eliminate these risks? Please give us clarification about these risks & the solutions for the risks with examples?
$CREDI & $xCREDI tokens play a prominent role in Credefi ecosystem consisted with 1:1 conversion ratio by staking $CREDI in security module. Immediately After staking $CREDI tokens, Will investors be able to obtain $xCREDI at that moment? Can you describe about the vesting schedule? The purpose of Dual token function will be made easy the various features for users. What are the main functions & differences of these two tokens? By using dual token adoption, Which Improvements will you look for in Credefi project?
In your Whitepaper, you have stated that there will be different tiers for $CREDI holders. Although you have mentioned that there will be several benefits including better rates and lower fees, I could not find any information on the required holding amount for the each tier. How many tiers do you have? Please deeply explain about the options you offer including the requirements and the benefits attached to each tier.
I just learned from your website that Credefi platform provide a zero-collateral loans on a case-by-case basis,so by providing zero-collateral loans,any positive or negative impacts it will bring to your platform? For case-by-case basis,what are the criteria you are basing to offer a zero-collateral loans to your clients? Any condition behind zero-collateral loan offered? Can you tell us any instances or situations that particular clients can take a loan without having collateral?By offering a zero-collateral loans,how could you guarantee and assure that the lender will really pay and will not run away from their loan? Thank you
I found out that Credefi implemented a 3-layer security for your platform’s lender which it combines the in-house proprietary credit scoring,credit and real-crypto economy, and assets collateral. So,could you explain more about this 3 layer Security system being deployed in your platform? How it assure a secured and safety network for your lender and clients?How does each layers works and how does each layers contribute a great security in your platform? Thank you
in your roadmap, you have a plan migration to solana, what is that mean? do you have a plan join with solana’s network?
lender and borrower, how do you make sure that borrowers will give the assets back to a lender? would you explain explain it
about risk range in your website just explain what a risk from low risk until high risk, i just wondering do you have a different system that make the risk had a different level?