‼️FAQ

πŸ”° Which Blockchain Network do I use?

  • Binance Smart Chain Network

πŸ”° How fast is the process?

  • Instant

πŸ”° What do you need in order to interact with the app?

  • Metamask or other Web3 Wallets

πŸ”° Which collaterals are acceptable?

  • ETH, BNB, ADA

πŸ”° What can I borrow?

  • DAI, USDC, USDT

πŸ”° What are the interest rates?

  • Fixed 12% APR on loans and a slope lending APR based on borrowed liquidity

πŸ”° 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

πŸ”° Will I get rebates if I repay early?

  • 15% Cashback on accrued interest regardless if you pay early

πŸ”° 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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