âŧī¸FAQ
đ° Which Blockchain Network do I use?
Binance Smart Chain Network
đ° How fast is the process?
Instant
đ° What do you need in order to interact with the app?
Trust Wallet or Metamask Wallet
đ° Which collaterals are acceptable?
BNB, ETH, ADA
đ° What can I borrow?
DAI, USDC, USDT
đ° What's the percentage of interest?
Fixed 1% per month
đ° What are the fees and charges involved?
0.39% transaction fee from the total amount used on stablecoin withdrawals and loan initiations
0.001 BNB fee per transaction whenever you deposit collateral
đ° Will I get rebates if I repay early?
15% Cashback on accrued interest regardless if you pay early or late
đ° Is there a grace period and additional charges for delayed payments?
You will have flexible repayment terms where you can repay anytime with no additional charge
đ° Will someone try to harass me for delayed payments?
The smart contract is built with predefined conditions that would only allow users to get their collateral back when the loan is repaid
đ° How do I check if a token is a honeypot?
RugDoc Honeypot Checker
đ° What is a Honeypot Checker?
Honeypot detector simulates a buy and a sell transaction to determine if a token is a honeypot. It includes a lot of extra checks to reduce the amount of false results, including a time jump between the buy and sell transaction.
đ° What is a Honeypot?
What is a cryptocurrency honeypot. Honeypots are wallets that distribute private keys or seeds that supposedly allow an arbitrary user to withdraw balances from them or smart contracts that seem to have a design problem that allow funds to be withdrawn if you send ETH to them.
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