SmartCredit.io ventures into the world of credit lines,????? ?????? ???? ??? ?????? ??????? staking, and bonus rewards through its decentralized finance loan marketplace. Furthermore, the platform now supports various new collaterals and assets and has enabled fiat on- and off-ramps.
SmartCredit.io enters a new chapter along its journey of revamping the finance loan marketplace segment.
The decentralized marketplace specializes in fixed interest rates and fixed terms for borrowers, combined with DeFi fixed-income funds for lenders.
Its underpinning technology automatically matches borrowers’ loan requests with lenders’ fixed-income funds and auto-liquidates loans if no repayment occurs or collateral value sinks.
Unlike other DeFi protocols, SmartCredit.io never earns on liquidations. Remainders are transferred to the borrowers, negating any impact by liquidator bots looking to scoop up profit from liquidating under-collateralized borrowers.