βΌοΈFAQ
π° Which Blockchain Network do I use?
Binance Smart Chain Network
π° How fast is the process?
Instant
π° What do you need in order to interact with the app?
Metamask or other Web3 Wallets
π° Which collaterals are acceptable?
ETH, BNB, ADA
π° What can I borrow?
DAI, USDC, USDT
π° What are the interest rates?
Fixed 12% APR on loans and a slope lending APR based on borrowed liquidity
π° What are the fees and charges involved?
0.39% transaction fee on stablecoin withdrawals for lenders and 0.39% transaction fee on loan initiations for borrowers
π° Will I get rebates if I repay early?
15% Cashback on accrued interest regardless if you pay early
π° How much of the protocol's revenue is allocated for dividends?
10% is allocated for users with active loans as a reward for patronizing the protocol
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