â€ŧī¸FAQ

🔰 Which Blockchain Network do I use?

  • Binance Smart Chain Network

🔰 How fast is the process?

  • Instant

🔰 What do you need in order to interact with the app?

  • Trust Wallet or Metamask Wallet

🔰 Which collaterals are acceptable?

  • BNB, ETH, ADA

🔰 What can I borrow?

  • DAI, USDC, USDT

🔰 What's the percentage of interest?

  • Fixed 1% per month

🔰 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

🔰 Will I get rebates if I repay early?

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

🔰 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

🔰 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

🔰 How do I check if a token is a honeypot?

🔰 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.

🔰 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user to withdraw balances from them or smart contracts that seem to have a design problem that allow funds to be withdrawn if you send ETH to them.

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