Bitcoin Forum

SmartCredit seems to offer some innovative features to the lending market.

While I prefer to stay anonymous most of the time, I like the idea of getting a better deal with the Crypto Credit Score.

Is there an exact Date when first tokens of SC gets released?

I have many question. At first i want to know what's smart credit?

It is very interesting. DeFi offers innovative benefits. I am satisfied with the transparency and simplicity of the process. The main thing is to quickly and clearly open an account, purchase several coins and sign a smart contract. The future is for digital currencies, that's for sure.

Can someone explain token utility to me please? What does it do?  What's the benefit in having it?

Do we have upcoming events for Smartcredit such as listing, launch, etc?

Hi. how much volume the platform have generated. Can team please provide details.

Hi. I have many questions too. When can we find info on actual token utility? The only paper I've seen only talks about token distribution and release schedules, not utility. Thanks

Thank you for your interest and trust!

The SmartCredit.io vision is to provide the key components of the alternate blockchain-based financial system - the crypto lending/borrowing, the fixed income funds and the integrations.

more info https://medium.com/smartcredit-io/smartcredit-token-model-1e2243c4c042

We talk about the development of the project on our social networks. follow the news

Soon

Any idea what tier cex are we expecting?

what is the token address?

Yes, great project. I will prepare well for this party. Like the other projects, it looks like a new and trending trend after the huge success of AAVE, the solution is very good, and the team added and expanded more features. DEFI will be the future of finance and a new trend to boost the economy in the post-covid19 period. be happy

Hey, What Is the coin used for? I read the whitepaper but i dindt understand why is there a coin and what it is used for

We are confident that our project has a strong position in this niche and is competitive

pls look more info https://medium.com/smartcredit-io/smartcredit-token-utility-9935b4a4831c

0x72e9d9038ce484ee986fea183f8d8df93f9ada13

And where can I find all the plans and goals of the project ?

What is the process for beta testing? How can we involved in the process?

As I understand this project is doing regular AMA sessions, but I don't see reports or recaps of it. Is there is a place where I can read results of this AMA sessions?

Are the strengths of this project? What technologies will the project use?

Can someone explain me diff between aave and smartcredit?

How can I participate for the sale?

Please, you need to visit our official website https://smartcredit.io/

Celo alliance @CeloOrg twitter

crypto lending platform

Beta testers don't need to install the Rinkeby. They just need to select by the wallet settings, that they use rinkeby.

We will write a guide and we will put this into medium

We have been talking a lot about the banking system. Let's face it - decentral credit-systems have existed for 5000 years. It's just the commercial banks have the monopoly (franchise) from the central banks. However, blockchain enables all these 5000 years old concepts. So, it's not about replacing our 100 years old banking system. It's about re-vitalizing the good old decentral credit-system, which has served the people very well.

When people have the alternative, then they can choose - do they want to use the monopoly system OR to the want to use decentral system. Both systems continue to exist. But the ratios will have significant change - the decentral systems will take over.

pls look https://t.me/SmartCredit_Community

pls look https://smartcredit.io/wp-content/uploads/2020/10/SmartCredit-Whitepaper-1.pdf

As i know, AAVE have dynamic rate for borrow or lending. It mean, today when you check the rate, it's 5% but tommorrow when too many people lending that rate will increase to 20%. So you will hard for controll your extracly money.

Hello,

Your project looks very serious and professionally prepared. I think he can be a huge success. Unfortunately, I'm afraid that it won't happen if you will pay for the "bumping service". Anyone who reads a few stupid on-line questions will find out that all of these posts are fake. If you want to be taken seriously, you'd better not use such primitive "marketing" tricks.

Thank you for your attention to our project and appreciation. We treat every question that we are asked with great responsibility, therefore we answer every question

Do I understand correctly that your project does not have its own token (I did not find information about it in the Whitepaper)?
If you don't have your own token, why is your announcement thread on Bitcointalk in the "Tokens" section?

pls look more info https://medium.com/smartcredit-io/smartcredit-token-model-1e2243c4c042

What is the process for beta testing? How can we involved in the process?

We will answer this question during the AMA

version)

Stay tuned. Team will announce if there will be any update.

I read that SmartCredit will simplify today's very complex credit creation process. With what will it do this?

Are there any plans to join the BSC network later?

Did the management disclosed who will be the insurance company to protect the user funds?

more info https://smartcredit.io

in the near future

Will we be able to lend our smart credit tokens?

From your whitepaper, it is claimed that when using the SmartCredit.io platform, every lender will have capabilities of a commercial bank and every lender will become a commercial bank. If this notion is actually true, how possible will it be?

I always have suspectly attitude to such project where in title use "Swiss bankers" or "Swiss bank system". It makes me attitude with such project carfully. Maybe it's unjustifiably attitude to team of this project. But, we'll see.

The ceo is the ex director of credit Suisse him and his brother, the marketing manager is the founder of many blockchain marketing groups aswell blockchain for women in Turkey, the blockchain architect has a doctorate in blockchain and defi the list of professionals is A class.

Yes, that's how it is.

Let's think on the banks - they create first money (the credit-money) and then the lend out the freshly created credit-money

Let's think on the fiat P2P systems - they cannot create any credit-money and they can lend out only already existing money. So, fiat P2P is no competitor for the traditional banks

Let's take SmartCredit.io now - every loan will be tokenized - in the ccTokens (ccETH, ccDAI, ...) and these tokens exist for the duration of loan (and they are backed with the loan). So, we are creating new tokens (which are backed) and we are lending the funds. That's why every lender willl be like a commercial bank - every lender will lend out funds and will create new money too

That's a non-profit organisation of the Fintech companies. We are always honoured to read the new regulations before they will become the new laws 😉

In the Release 1.1 this functionality is not yet there, but it will be there in the Release 1.2

Is there any borrowing instructions for dummies? How big my crypto wallet has to be for 2000$ stablecoin loan. How big is the raise for that and how fast i should pay it back?

I want to know what's rinkeby?

Have any update for ringkeby testnet?

You can get all the information you need here https://smartcredit.io/knowledgebase/how-to-borrow-eth
From my knowledge, it depends on your credit score, a good credit score means fewer interest payments and fewer collateral requirements.
Or borrower will stay fully anonymous and he will have more interest payments, more collateral requirements.

Not really, I just read this today https://medium.com/smartcredit-io/smartcredit-io-and-ampnet-announce-a-partnership-2300edb3d35c
SmartCredit and AMPNet integration allow using these real asset tokens as collateral for the borrowing.

If the liquidation results are more than Borrower’s Obligation, then Borrower can claim back his remaining funds via SmartCredit.
If the liquidation results are less than Borrower’s Obligation, then Borrower’s obligation to pay Remaining Amount will be transferred from Lender to the Loss Provision Fund.
Loss Provision Fund has the right to sell his claims against the Borrower's to the Loan Liquidation companies.


FYI SmartCredit launch Signature and Avatar campaign on Bitcointalk here https://bitcointalk.org/index.php?topic=5319146.0

hali so far where have SmartCredit Tokens been traded? Is it only listed on Uniswap, or has it been traded on the stock exchange? I want to buy it but it costs quite a lot of transaction fees at Uniswap

from SmartCredit telegram: "Next week we will have major exchange listing announcement"

Rinkeby is an Ethereum testnet (or test network). Testnets are typically used by developers to run "tests" for their application or software. Currency on testnet are valueless. Rinkeby testnet, unlike Ethereum mainnet, is a proof-of-authority network, as opposed to a proof-of work network like Ethereum mainnet.

thank you for the information, hopefully the team will choose the top birsa top, it will be very good it will definitely boost prices and have a large trading volume too, hopefully there will be surprises in the future as well as an increase in users

Good idea to create Rewards Pool for the Beta Testers. It will interest more participants and can help the project also ;)

Indeed.
Everyone is welcome to join this testing phase and here is a couple of links explaining in details how to join it for those interested.
Tester will be rewarded in smartcredit tokens and who knows what their value might be in the future.

https://medium.com/smartcredit-io/smartcredit-io-release-1-1-beta-c919def05033

https://www.youtube.com/watch?v=t8G9XlO7U-8

Users need to register first via email to beta@smartcredit.io to take part in the Beta testing.

Interesting Project you have here, just a few questions....

In terms of Fixed-term loans and Fixed interest loans how do you account for aggressive crypto price fluctuations especially in instance where price drops,does the borrower have to pay the fixed amount of  crypto or pegged value ?

As far as I know, borrowers must pay the fixed amount of crypto because SmartCredit is not the same as other lending platforms.
1. No pooling (peer to peer).
2. Fixed Interest rate - both sides can fix their loan interest payments or invest received at the beginning of the contract.
3. Fixed loan maturity - to reduce the collateral requirements to the borrowers.
You can read all the info here https://medium.com/smartcredit-io/crypto-fixed-income-and-smartcredit-io-eddb5841ca4e

As I see SmartCredit 1.1 Beta has pretty wide functionality and any user can find something useful and interesting here ;)

https://i.imgur.com/YGmKnYU.jpg

"The USDT-SMARTCREDIT market pair will be open for trading on https://global.bittrex.com/home/markets"

This gonna be big  8) Well done team, and now I'm curious which DEX will be released soon.

I'll be there, always nice to see the co-founder/CEO-CTO who really cares about the project.
Not a big holder here but I want to know the plans for V1.2, yield farming, etc. 

This is one of the most comunicative  and available team I have ever met in cryptosphere : weekly AMA ( btw next one will be held in around ten hours at 18 UTC, daily presence in telegram channel and also answering private messages.

Hats off.

Can you or someone here explain what's the meaning of Crypto Credit Score? Is the the platform requiring kyc?
Since the platform is peer-to-peer and decentralized I believe it's going to have more impression in cryptosphere.

Credit score calculated from the borrower financial score, social score, and psychometric score.
https://smartcredit.io/knowledgebase/what-is-borrower-psychometric-score
https://smartcredit.io/knowledgebase/what-is-the-borrower-social-score
https://smartcredit.io/knowledgebase/what-is-borrower-psychometric-score

SmartCredit offers borrower to do the credit scoring, that's optional.
If the borrower completes it then he can have a better interest rate and better collateral requirements.
If the borrower decides to stay fully anonymous, that's ok but the borrower will need to pay more interest.

However, even anonymous users will have LESS collateral requirements than the Compound/Aave.
How? Use fixed-term loans - your collateral will be less

Need more details? you can join AMA 1800 UTC today here https://t.me/SmartCredit_Community

This Is not all, founder anticipated that is confirmed but still not announced ( mybguess it will happens in the bear future) SmartCredit token listing on a Dex with very low gas fee.

In the meanwhile someone, who joined today's ama spotted this tweet https://twitter.com/loopringorg/status/1365149832827064320?s=20....
.

For someone who really like to understand the full concept of this project, The CEO/co-founder of this coin
is there to answer each querries, Take some time to listen or even participate with the discussions if you are
inrerested to learn more about the actual offer and how will you take the advantage of using the actual service
of this coin.

It's already been added to bittrex global good step to have more traders to join the ride.

https://global.bittrex.com/Market/Index?MarketName=USDT-SMARTCREDIT

ff  https://i.imgur.com/WU801sJ.png
SmartCredit.io is developing a decentralized peer-to-peer global lending marketplace by connecting lenders and borrowers without intermediaries. Lenders can offer their funds and borrowers borrow the funds on the global marketplace.
You can get specific information for specific user roles like lender, borrower etc. from the links below:

ffSmartCredit | Knowledge Base

fffff

https://i.imgur.com/kYWBcA3.png

https://smartcredit.io/knowledge-base (https://smartcredit.io/knowledge-base/)

ffFollow us:

fffff

https://i.imgur.com/N7wdaWX.png

https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

fffff

https://i.imgur.com/Ris5Tke.png

https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

fffff

https://i.imgur.com/8HWukeN.png

https://www.reddit.com/r/Smartcredit (https://www.reddit.com/r/Smartcredit/)

Warning for everybody

Cofounder Martin Ploom just warned people there there Is a SCAM site trying to impersonate SmartCredit project : be careful guys only official site is SmartCredit.io.

There are no giveaway or whatever too good to be true offer related to smartcredit tokens.

Also some telegram user are mentioning there is also a fake telegram group : watch out guys be careful and always refer to addresses mentioned in original post here or on SmartCredit.io site

I got it, but there already some trustworthy Crypto lending (DeFi) platforms that access users to lend and borrow cryptocurrencies. So, what things SmartCredit (DeFi) platforms exceptional and why others get access of your platform? What advantages do you offer to the clients?

I am not the expert to compare any lending platform to smartcredit. But as per what I read in the website, I can sure you these are advantages:
- Lowest collateral ratio in the industry
- my favorite, crypto credit score. Which will allows us to reduce interest rate or collateral requirements.
- fixed interest. No fluctuating interest rate.
- fixed term loans.

We need more options and we are always welcome competitors in this market, only those who have a unique contribution has the advantage over the project will succeed.

We can see most of the details on OP like about fixed interest rate, fixed payment terms, lowest colateral and other things, if you want more that’s for you to find out and compare this project to the other project with the same platform but having a different approach.

+ Utility of SmartCredit with the Release 1.2. There will be benefits for the Borrowers and Lenders, there will be rewards for the users, there will be staking benefits in the Release 1.2.

Thanks for the warning, I can't remember but I seems to encountered this project and I thought that those are fake telegram group mentioning SmartCredit.io. Very clever trick again from scammers taking advantage of new projects in crypto sphere and I'm glad that the Cofounder was very quick to warned potential crypto investors.

So as SmartCredit is already listed on Bittrex Global this should increase interest and confidence in the project :)

it may not increase interest, but any listing on the exchange gives more authority to the project. In the end, now is much easier to buy and enter into the project.
btw with so expensive transaction fee for all ERC20 tokens, I prefer traditional exchanges rather than other swap platforms.

Started by Swiss Banker
Total Supply 25M
Circulating Supply 1.2M++
Non-custodial lending
Credit Score + Fixed Term = Low Collateral Ratio
Fixed income (v1.1)
Liquidity mining (v1.2)
Low Marketcap

Rare to find a good project like this, with a low market cap and low circulating supply - total supply.
I regret to sold aave too early back in 2018 and this token has a chance to be the next aave, crossfinger.

CEO "pre-announced" during last AMA that team is discussing with loopring - a dex exchange with almost zero gas fee and 0.25% trading fees - and is preparing a nice package about this deal : also stated a latter official announcement will come on this matter.

Message taken from official announcement telegram channel : https://t.me/SmartCredit_Announcements


Dear Smarts,

Our next TG Community AMA is on Saturday 18:00 UTC

And we record a video AMA on Sunday too:

• Please share your questions till Saturday in our Community ( https://t.me/SmartCredit_Community ) with Hashtags: #SmartsAMA #SmartCredit #AMA
• Our team will collect up to 20 questions (or more)
• Martin will record a video on Sunday

https://i.imgur.com/wChFkoL.png

If you don't use telegram, or you won't be online during AMA session, but want to ask some questions to SmartCredit team feel free to drop your questions in this thread with above mentioned hashtags: I will ask it and post the reply here.

I can't come to AMA today, is it possible to add USDC or USDT in the release v1.1?
And could we/the platform users pay the gas using SmartCredit token?

Thank you.

https://youtu.be/W4KY9fx8kv0

Here is the video we promised from our AMA Saturday. We hope this helps provide you some answers to your questions.

Nice, thank you SmartCredit. I hope you can provide the video for every AMA, not everyone could join the AMA because of the timezone.

As promised here are the answers provided to your questions by Martin Ploom :
Q. : Is it possible to add USDC or USDT in the release v1.1? 
A. : USDC and USDT are part of the Release 1.1 - we just have to wait till last Beta build in Rinkeby and then Ropsten are completed. And we are ready to GO !
       With the Release 1.2 we are introducing a lot of functionality for the rewards and staking. Practically the users on the platform will have several benefits, they will have rewards and there will be staking

Q. : Could we/the platform users pay the gas using SmartCredit token?
A. : Using SMARTCREDIT as a gas fee is one of the options. But probably rewards and staking are more interesting for the users!

Yes, SmartCredit token serves as a utility token(mean of payment), a loyalty token (reward mechanism) and later governance token (a voting mechanism)
It can be used as collateral for borrowing and improve borrower credit score, the token also will become the marketing vehicle for the SmartCredit, for more details you can check here https://medium.com/smartcredit-io/smartcredit-token-utility-9935b4a4831c

Last official tweet just  announced  next AMA session: https://twitter.com/smartcredit_io/status/1370278199872131072


Dear Smarts,

Our next TG Community AMA is on Saturday 13^th of March 18:00 UTC

Please share your questions till Saturday in our Community ( https://t.me/SmartCredit_Community ) with Hashtags: #SmartsAMA #SmartCredit #AMA
Our team will collect up to 20 questions (or more)

https://i.postimg.cc/PxL1nxGb/1014-Copia.jpg


If you don't use telegram, or you won't be able to attend AMA session, but have some questions to ask  SmartCredit team feel free to drop your questions in this thread with above mentioned hashtags: will ask them and post the replies here.

That's a cool initiatives, bringing the project to all and even those who are not active inside telegram have

this same opportunities to ask questions, before pushing forward knowing the project and what are the

those additions that this team will lead upon in order to bring success to each investors who shows interest.

Let your Questions be heard and allow the creator itself answer.

https://i.imgur.com/19omqzd.jpg

Got this from SmartCredit telegram channel, nice achievements and it's just the beginning.

For the ones who didn't attend Saturday 13^rd March 2021 AMA here is a summary of what has been told.

Martin Ploom : Let's start with our general updates:
- The Beta is progressing very nice, we are very thankful to our Beta Community!
- The next Beta deployment will be in the Ropsten network, we are preparing this now. Ropsten will be available next week - exact date will be defined later
And we are seeing continuous new registrations in our current application too!

Question : What is the status of testing and when can we expect the robsten network testing start? 2) what happened to integrations? AMPNET token already released and their product might be starting up
Martin Ploom : Regarding the integrations:
- We could have published the 1.0 version of the widgets, but then we have to run two versions in parallel
- So we will complete the PiixPay integration after we have launched the Release 1.1 - then we have to deal only with one baseline
Regarding AMPNet:
- We congratulate AMPNet team to the successful token offering
- And we will check up the status - as soon the secondary market feature is enabled in AMP - we can integrate then
Let me add more:
- We are working on our Release 1.2 scope
- And we are discussing as well the Release 1.3

Question : Hi, what is main reason for 1.1 and roadmap delay?
Martin Ploom : Which delay? We are integrating the beautiful feedbacks from the Beta group into our product. These feedbacks / ideas are so good, that we just extended the Beta from just fixing the defects into the doing some more UI improvements

Question : So do we have a rough ETA on release 1.1 for the integrations?
Martin Ploom : The PiixPay is the first, it will be after the Release 1.1 launch.
The AMPNet will follow after the secondary market feature is enabled in the AMP.
The CryptoTask will be between the PiixPay and AMPNet.

Question : Fixed rate lending products are coming everyday into the market and some of them are going big. How Smartcredit will market their product and create awareness among the crypto community? Also, hoping big on various integrations which will increase the user base.
Martin Ploom : Yes, we are very happy about the increase of fixed-rate products in the DeFi Sector! This shows that the real usecases are entering the DeFi market.
We say that the fixed-income market is 10x of the money-market-funds in the traditional economy, so there will be a lot of growth in the next years in fixed-income.
Further awareness about SmartCredit.io - we are preparing as well our Release 1.1 Launch Campaign - so, this will create some noise.
Regarding integrations - there are two types of them.
The first one is with the big players, but they are "divas", they have some "moods", etc. And we will be the "small brother" for some time (till we get bigger than the integrators). It's good for brand, but it will take some bandwith from us.
The other one is with the players in the "pre-growth-phase" - like PiixPay, AMP, CryptoTask - all of them are starting to add massive user base. And we are not the "small brother" with them. We think that's more better for user acquisition. It starts slowly, but it will bring a lot
Tarmo Ploom : It shows fixed income is becomig hot topic!
We welcome all copycats. And ask them to provide high quality financial products to users.
Most of copycats today expose users to significant uncommunicated risks. I woulndt call it misrepresentation. It is just that users have very high probability of financial loss on these copycats platforms.
As community we have to make users aware of these adverse risks they are facing on these platforms.

Question : Good afternoon! Please tell us about your longer-term plans. What is your vision for version 2.0 in the distant future?
Martin Ploom : So far we are speaking about the Release 1.2 - it will be with focus on the SMARTCREDIT utility and on the Borrower's
Release 1.3 - let's announce this - Release 1.3 will be with focus on the cross-chain-collateral
There is pipeline of value propositions after 1.3 as well, but let's wait with the announcements till there
We see huge upcoming demand of fixed-income-products. Why? Because the real economy works on fixed income. The real economy does not work with money-market-funds. And the more users DeFi will get, the more transfer from the real economy into the DeFi we will get - the more fixed-income there will be
And of course - the Release 1.1 - The FIF's (Fixed Income Funds) for the Lenders!
Tarmo Ploom : Vision for 2.0 is:
1. More collaterals, more underlyings
2. Better collateral ratio than now
3. Improved credit score (it is the key in fixed income lending) capability
4. Very strong integration capabilities

Question : I understand that there is a growth in users and there are goals set for that. How is the growth with your team coming along? Are you consistently hiring, are you adding new developers to the team?
Also how would you describe SmartCredit’s culture? Do you guys tend to attract partners, investors, and employees?
Tarmo Ploom : It is very nice face currently. Market is growing, product is getting traction. It is very motivating for everybody.
And it offers huge growth opportunities for all team members. I am sure, most of them will in future be best experts in this field and take over leadership roles.
Lets say, SmartCredit is growth platform!
Martin Ploom : We are continuously extending our team.
And our culture - It's about delivery, it's about doing things, it's about getting this done. No place for people with Ego's, but place for people who want to create change. And who want to do this together! We have delivered 4 successful products before - and each of them was based on the team culture!
Partners - yes, we are continuously looking for integration partners - non-custodial platforms, which would like to integrate our Widgets all our API. We have very good offering to the Partners - they are receiving 50% of the loan origination fees PLUS reward tokens (from the Release 1.2)

Question : Is there a point to where SmartCredit could potentially offer loans without over collateralization like traditional finance based on credit score metrics and KYC/AML etc or is that not possible/part of the vision?  Too much risk involved?
Tarmo Ploom : This is the long term objective.
In Fintech currently BNPL (Buy Now Pay Later) is hyped. Fintech unicorns offer BNPL, it is megatrend. It will arrive also in crypto.
Martin Ploom : We would like to go into the undercollaterlization. Let's think - all FIAT P2P platforms are without collateral (except some with mortgages or car loans)
So, what's the difference between FIAT P2P and DeFi ==> in FIAT there is court integration. There is no court integration in DeFi, because the laws are missing ... But these laws will come. And when the laws will be there - then we all the DeFi market ==> it can take over the Fiat P2P market!
And which laws do we need - it's about digital signatures - some countries accept state certified digital signatures. Most of countries do not ... But we need law to extend even further - we need law to accept the digital signatures in the non-state certified blockchains. When this is done - then we can say BYE-BYE to the FIAT P2P lending system. DeFi will take them over.

Question : No collateral is in the near future: is this the AAVE is telling about no collateral?
Martin Ploom : AAVE is not telling about no collateral. They are doing some word gaming. The speak about the credit guarantors.
In traditional finance you have credit guarantors - like your family giving guarantee for your car loan, etc. It's widely used concept. So, AAVE renamed this concept into credit delegates. What to say ... But it's just credit guarantors - someone has to bear the risk of default. And in DeFi this is done with the collateral.
Tarmo Ploom : What we need is TRANSPARENCY for users, and not hiding true risks of the financial product what is too common in DeFi today. We have to provide users products they understand!

(Not really a) Question : Excellent Smartcredit seems like a perfect bridge or combination between the DEFI and trad-fi when the legal system/regulations eventually mature.  It seems like you will have a leg up on the rest with the general route you are already heading.
Martin Ploom : The DeFi today has to extend the way of thinking. It's not just Liquidity Pools or Money-Market-Funds. There are so many additional features, which can be offered in the non-custodial way.
We need more users in DeFi. How do we get this? We say - let's look what are the main use cases in the traditional finance. And let's transfer these main uses cases into DeFi. And not some specific use cases like options trading or futures or trading strategies for the conversion of the variable rates into fixed rates. We need main use cases support in the DeFi. This will result in the Adoption.
Tarmo Ploom : To get more users into DeFi we have to offer products what NORMAL users need. NORMAL users dont understand liquidity mining, flash loans, staking etc. NORMAL users understand terms like interest, fixed income.
When we want to get NORMAL users into DeFi then lets start speaking their language and not inventing technocratic language which hides risks for NORMAL users
Martin Ploom : NORMAL users will take a loan for 30 days or 60 days. They will not use Money-Market-Funds. NORMAL users will buy on credit some stuff for home. They will not use Money-Market-Funds, but they will take 30 days loan for this
Of course, the Money Market Funds will say - THIS TIME IS DIFFERENT. Well, it is not different. It's always about the users, about their needs.
If we want real ADAPTION, then let's offer the products, what people are using in the real economy in DeFi

Question : Just as you can integrate into other eco systems with a widget based approach, are you also considering letting other projects use your credit score logic perhaps as a stand alone product?
Tarmo Ploom : Credit score is the key of all fixed income, this is the core capability, competitive advantage of SmartCredit that we have developed very advanced ML based credit scoring algorithms.
In fintech there is a company CreditKarma. Their market value is 4B USD. All they do is to offer alternative to FICO credit score. Sooner or later credit scoring capability will be understood also in DeFi.
In SmartCredit we want to build up Decentral Autonomous Bank. Credit Scoring is key element of it.
Martin Ploom : We are discussing about taking our already existing and tested credit-scoring module and doing some nice stuffs with this. And yes, one of these "nice stuffs" could be making it available for all. And the usage fee would be - of course, paid  with SMARTCREDIT tokens. So, give us some more time for discussing about this!
Like said - we are just discussing this. But yes, it's clear - we have a working credit-scoring product.
We did not wanted to externalise the credit-score-product when we where small. But as we are growing now, and getting more and more users, then situation is changing. We can start discussing about externalising our credit-score-product. But, please give us some time with this. First Release 1.1, then Release 1.2 !

Question : Can you please gives us some info on CELO alliance?
Martin Ploom : It's too late to integrate Celo into the Release 1.1, but we look for this in the Release 1.2. We are analysing the details.

https://i.imgur.com/eYpsJKF.jpg (https://smartcredit.io/)

https://i.imgur.com/pPMJc6G.jpg (https://smartcredit.io/)

https://i.imgur.com/kJNs6Sc.jpg (https://smartcredit.io/)

https://i.imgur.com/gUTFkbu.jpg (https://smartcredit.io/)

Do you like this new loan request flow on SmartCredit.io (https://smartcredit.io/)?

ffFollow us:

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https://i.imgur.com/N7wdaWX.png

https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://i.imgur.com/Ris5Tke.png

https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

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https://i.imgur.com/8HWukeN.png

https://www.reddit.com/r/Smartcredit (https://www.reddit.com/r/Smartcredit/)

Right now anyone who interested can Tried SmartCredit Release 1.1 Beta and report about defects or send your suggestions

... and have a chance of earning some smartcredit tokens I would add  ;)

Anyway be prepared for next AMA session with SmartCredit oriject founders that will be held tomorrow at 18 UTC .

https://i.postimg.cc/5tst0253/ama-mockup-PNG.png

Feel free to drop your questions below if you won't be able to attend it, or simply you are not a telegram user, and I will ask them for you and post the answers here.

Thanks for sharing, it's good to know that the team are open in terms of customers / participants

suggestions, with this new beta wallet it's providing opportunities for potential users to see all

those functions and navigate,'

Good thing too that you can also ask any questions that you have in mind or if you wanted to
share your views you can ask the Founder.

Here is a summary of Saturday 20^th March 2021 AMA .

Martin Ploom : Let's start with our general updates:
- We just launched the Beta in the Ropsten network
- And we transferred to all Beta participants a lot of test tokens too
- Beta users will see quite some changes compared to the last version!

Question : When will it be possible to use Walletconnect with the Smartcredit app?
Martin Ploom : It will be definitively included in the Release 1.2. Currently our application is not fully mobile friendly - we have to redesign some screens to make it more suitable for the mobile. So, Release 1.2 will bring more mobile friendliness and the support for WalletConnect.
Question : Elrond?
Martin Ploom : This could be an option. However, we think more about the PolkaDot as a means to solve the cross-chain-collateral issues. The long term solution is not to move liquidity from one chain to other (i.e. from ETH to BNB), the long term solution will be more what PolkaDot will offer.

Question : Hi Martin and Tarmo. Do you plan to ever swap ERC-20 SmartCredit token to some native blockchain of your own ?
Martin Ploom : No, we don't plan this - our competence is in finance and not in native blockchains. There will be good teams to build core blockchains; and there will be teams to build applications on the blockchain - we will do the later one!
But yes, the Compound is trying the approach with his own blockchain. We think using PolkaDot or other cross-chain-solutions will be more effective

Question : 1) what is your opinion on rinkeby testnet? Did we got the expected output and what is the expectation of ropsten?
2) In what way Smartcredit holders get benefited short term and long term?
3) Can we have a nice article on Fixed Rate vs Fixed Interest Rate bye rest and what are the challenges with fixed rate?
4) is there a way we can use NFT assets in Smartcredit platform?
Martin Ploom : 1) We are very happy about the Beta Testing in Rinkeby - we found some defects and Beta users see as well how many User Interface changes we did - all triggered by the Beta feedbacks!
2) We do not speculate about the price of SMARTCREDIT, but we say - the price follows the user numbers. We think with the Release 1.1 we have created very unique USP for the DeFi sector and this will attract many new users
Additionally we will add the staking feature into the Release 1.2 and it will be based on the FIF's  and we add other utility benefits. So, it will be both utility of the tokens AND the user numbers of the platform
3) Yes, we will write this and will put this into medium! People need to understand that there is VERY big difference between the Fixed Rate and Fixed Interest Rate:
- The first one is a trading strategy (Well, let's think on the Deutsche Bank here and others who never succeeded to manage this conversion)
- The second one is plain good old borrowing and lending
But let me say here the main challenges:
- fixed rate cannot be implemented with the money-market-funds, a fully new approach is required there
- fixed rate will need the yield curve (i.e. interest per duration curve)
- fixed rate will need credit-risk-rating
So, it will require quite some redesigning of existing solutions AND some financial know how.
4) NFT's - not yet. But later - definitively. Let's think on this example of company A with his receivables. A could package the receivables into a NFT and this NFT could be used as collateral in the lending by the A.
In case you can propose other use cases for the NFT's - please let us know!

Question : Any marketing plans?
Martin Ploom : We are preparing a marketing plan for the product launch, it will have  multiple elements. But we will not publish them at the moment, let it all be a surprise

Question : Martin, the idea behind smartcredit is great, the team as well. We have 1.1 coming and 1.2 after that. Marketing strategy is in plan as well as there is a vision behind smartcredit. My question is what do you think are points in the project that could be improved on?
Tarmo Ploom : More
1.  customer feedback
2.  community feedback
3.  Beta testers feedback
To take maximum of every feedback given. This gives best result to the SmartCredit.io. I believe into Swarm Intelligence, that a Swarm (Community) is always more clever/smarter then just one person.
Martin Ploom :Very good question! I think we have to scale faster than we have anticipated. We have to find more partners and we have to integrate with more partners too. At the end it's about gaining users into the platform (via features, partnerships and marketing).

Question : Hi Martin and Tarmo, question on timeline that you are allocating for each release. What lessons learned in the v1.1 implementation and do you see any deviation? Is there any ways we can utilize well on 4 month timeline for release?
Martin Ploom : Include as much community feedback as possible and include it almost before beta start. It is unbelievable how much SmartCredit.io R1.1 has improved thanks to the Beta community feedback!
We have to get better in the timebox development. We want to keep our 4 months cycles. In the current Beta we took a lot of very good feedback from the Beta Community and we implemented it. Otherwise it would be weird - we would receive the feedback and then we would just ignore it ...
For the Release 1.2 we have to do the same as Release 1.1:
- The Beta start after the Internal Testing is completed
- But we have to figure out what we do with all the ideas about the User Interface
- Perhaps we have to plan in some additional User Interface sub-Releases
But we have to get better and to aim for the 4 month cycles

Question : Is there any reason why late implementing holder benefits like staking or mining or bonus because we still could not see any benefit before v1.2 ?
Martin Ploom : Good question. Our way of thinking is - let's add first the features and then later the rewards. Let's get real usage to the platform and then let's add the rewards. In the same style as Uniswap did this. Otherwise we would be yet another system adding rewards and staking to the users, but with NIL functionality.
Question : On a note, do we have any rewards for the users who are using the actual app? That could be a better idea too
Tarmo Ploom : We plan to send our staking/rewards approach to the Beta community for the review. It will have several components. We will ask You for Your feedback.
Martin Ploom : Yes, Very good idea - we should implement similar approach as Uniswap did this - we should make un-announced thank-you-drops to the current users!

Question : How long it takes in robsten before deploy to production? Do you have release timetable estimate?
Tarmo Ploom : Probably we need for beta ca 3 weeks. Lets see how it proceeds with more real congestion issues like in ETH Mainnet
Martin Ploom : We need to do full tests in Ropsten, then let's have some stability and then we can launch the mainnet. It will take some weeks. Everything will depend now on the next week - how many issues / side--effects will be be found
Question :Most of the functionality is tested already. So are we targeting to any specific test cases like stress testing/performance testing? Real use cases etc..
Martin Ploom : In my eyes there are two focus areas:
- It's the ETH congestion issues, delayed transactions - all the hard stuff what is happening on the Ethereum.
- And let's try to break the system - somehow?
Tarmo Ploom : Yes, focus will be on timeouts, loads, stability in the Beta Ropsten Phase.
Martin Ploom : Let's calculate with 3 weeks at the moment. But as this is software - everything will depend on the first week in the Ropsten now


Question : When Binance?
Tarmo Ploom : There are many issues to consider:
1. How to reduce gas costs?
2. In which blockchain are assets (collaterals)?
3. If there is asset transfer between blockchain how much time does it take in both directions?
And there are several architectural solutions to solve these questions

Question : Is smartcontract audit started already? Is it one vendor or multiple vendors?
Martin Ploom : We have the initial results from the audit and we are just adding our comments to the findings. And then it will become a publicly available report. We used one vendor. Not one of with many sales people, but one with very good tech guys.

Question : Martin&Tarmo, feel free to skip this question because it's more of a personal nature and less related to the project itself, but I was wondering what do you think about the banking system vs. Bitcon/crypto now, knowing that you worked for years in traditional banking system.
How do you feel about both, working in blockchain business now and knowing that some portray it as an "enemy" to the traditional banking system?
Does it create any internal conflict of feelings, and what's your general stance on both systems?
Tarmo Ploom : Short answer is You cant stop innovation.
Banking today is in Web 1.0 technology
FinTechs are in Web 2.0 technology
DeFi is in Web 3.0 technology
FinTechs will eat Banks, and DeFi will eat FinTechs and Banks
The sooner Banks and FinTechs transferv over to Web 3.0 technology, the better it is for them.
However, banks havent managed even transformation to Web 2.0 technology. Based on my experience it is impossible. So they will fight DeFi
Martin Ploom : We would rather say that blockchain is the saver of the financial system and not the enemy of the system. Let's think that the Decentral Finance is 5'000 years old and it worked perfectly for 4'700 years.
But the last 100 years with the Central Banking system has been very special and have taken the full financial system to soon-arriving.collapse
The solution for the financial sector is to go back into the Pre-Central-Banking-era. But not only this. The solution is to go back even more in the time and to implement the year-thousands-old-concepts of Decentral Finance. But this time we don't need more "tally-sticks" or other Decentral-Finance artefacts. This time we can do this via blockchain
Tarmo Ploom : Good solution would be to transfer banks over to DeFi. However, imagine in the case of Credit Suisse a 300 million Line of Code software system which has maximum complexity possible. Only thing you can do is is to keep lights on. Its transformation to Web 2.0 is economically not feasible.
Banks cant transfer to Web 2.0 technology. What it means is that they cant continue with innovation.
Question : Interesting. What do you think why will traditional system collapse, due to unsustainable creation of unrepayable debt or because they're technically being run over by blockchain tech?
Martin Ploom : Let's think on the "tally-sticks" - the economy of United Kingdom was based on the tally-sticks for 500 years (till the Central Bank was created in London in 1660's). This decentral system empowered the middle class, it empowered the productive economy and not the financial sector. It created basis for the further industrial development of UK. It enabled UK (which had nothing) to become an empire.
But, if we go to Wikipedia - you will find just 2 paragraphs about this.
But this is just the example. Decentral Finance is not the concept which came with blockchain. Decentral Finance is thousands of years old concept.
The existing system will collapse, because of un-controlled-growth of the credit-money:
- central banks create the base-money
- commercial branks create the credit-money
The money on our bank accounts is actually credit-money - the money created via the lending
When we had gold based system, with the strict convertibility of credit-money into the gold, then the system had automatic breaks. One could not create too much credit money.
But today, there are no controls, no breaks in the system anymore. And this unlimited growth of the credit-money will just get into the next phase. And from this next phase the new monetary system will emerge - either Gold based (again) or Bitcoin based!
Tarmo Ploom : When bitcoin rises ca 25%, then its market cap will be higher than that of silver. Probably in next 4 years it will reach gold market cap. Then we will have de facto new base money (M0) in the world.
SmartCredit.io introduces also ccTokens. SmartCredit ccTokens + Bitcoin could basically form the new monetary system which has M0 (Bitcoin) and M1 (ccTokens).

Of course, I understood the answer and understand that marketing details will not be released at this moment.
However, I have read tokenomics and I can see that the marketing part is locked. I would like to ask if anyway there is chance to launch a bounty campaign on Bitcointalk, so that users here can help with the promotion and at the same time get some SMARTCREDIT tokens?

Smartcredit team has ran or better say Yahoo62278 ran a signature campaign here on Smartcredit behalf that lasted a month but the payout was in BTC but pegged to fiat value; you can see details here : https://bitcointalk.org/index.php?topic=5319146.0.

As far as I can see team is quite jealous of SMARTCREDIT tokens : if you want you can ask this specific questionin next AMA session that will be held next Saturday at 18:00 UTC here https://t.me/SmartCredit_Community and if you won't be able to join it just let me know and I will ask it for you ( just put a #AMA tag next to it for ease of use).
As you can see lately am making it a habit to post a summary of weekly AMA session  here.

I think Crypto Loans become pretty popular thing in our days as it is not too hard to do it and faster than in real life. SmartCredit provides good options in this direction

https://i.imgur.com/fTdt1B5.jpg
(image source from their telegram)

v1.1 Fixed Income Funds will be released after full tests in Ropsten (v1.1 beta 2nd phase) next month, this year gonna be awesome for SmartCredit.
What I like about this project is we can talk with the co-founders every day, not only on weekly AMA.
It shows that they really care about the project and they focus on the product, not the hype only to raise the price. Why would we need 10%-100% profits (short) while SmartCredit has the potential of more than x100.

Slowly but steadily this project am following is progressing either in development and in popularity ( still a big word to say but am confident it will increase) in decentralized finance sector : they have been added to the portfolio of this new decentralized investment fund https://polka.ventures/

https://i.postimg.cc/SK3Ty8MB/Img.png

Don't miss to join the regular SmartCredit AMA together with CryptoTask on SmartCredit_Community telegram channel.
Saturday, March 27th 18:00 UTC https://twitter.com/smartcredit_io/status/1375140210976120832

https://i.imgur.com/x7RqLgv.jpg
(image source: twitter)

Great news from SmartCredit! Smarties, now you can earn more with SmartCredit Liquidity Mining on Loopring AMM.

Wow, I saw that SmartCredit already has more than 4000 registered users, pretty good result as for me :)

Join us tomorrow.

https://i.imgur.com/WFX8xuf.jpg (https://smartcredit.io/)

Hey guys, let's join Exclusive SmartCredit and Bull Crypto AMA (Ask Me Anything) this Sunday April 4th, 18:00 UTC.

Venue: https://t.me/BullCrypto_Team

Reward Pool: 100 SmartCredit bonus tokens for 5 AMA participants.

Requirement tasks, join and follow:

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https://i.imgur.com/N7wdaWX.png

https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://i.imgur.com/Ris5Tke.png

https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

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https://i.imgur.com/Ris5Tke.png

https://t.me/BullCrypto_Team (https://t.me/BullCrypto_Team)

Seems like the rumor about Smartcredit begins to spread everyday more,  adding to this the imminent release of V 1.1 am bullish on this project : market cap is still really low nothing compared to their potential imo.

Going to add some more to my long term bag.

Here is what has been discussed during Saturday 3^rd April 2021 AMA.

Martin Ploom : Let's start with general updates:
- Our next version of Beta will be deployed on Monday
- It will contain the Smart Contract adjustments based on the Security Audit too
- Our focus is now only on defects, and we are little bit reluctant to add more features into the Beta now
And we started with our Liquidity mining campaign in Loopring
We can see that the liquidity in the Loopring AMM is increased - there will be 1500 SMARTCREDIT benefits pro-rata between the liquidity providers.
Let's consider the high gas costs in the Uniswap - the Loopring offers there a very reasonable alternative - it's the 0-gas fee AMM's and 0-gas fee orderbook.. We have been discussing internally that we should relocate some liquidity from the Uniswap into the Loopring too.
Practically our community has now 3 alternatives:
- Uniswap (with high gas fees and a lot of liquidity)
- Loopring with 0-gas fees (and less liquidity than the Uniswap)
- Bittrex Global as a CEX (for non-US)
Btw, the Loopring token - LRC - is supported in the Release 1.1 too
OK - that's for general updates - please - ask us some questions!
Let me add more infos
Our Marketing Program for the Release 1.1 Launch is mainly prepared. We cannot go into the details, but it will be visible at the Release 1.1 launch

Question : Is KYC required for getting crypto loans ?
Martin Ploom : KYC is optional on the platform, but it will improve the Borrower's credit rating

Question : Is there an exact release date of 1.1?
Martin Ploom : It will be after the Ethereum Mainnet Berlin upgrade on 14th of April - let's wait till the Mainnet stabilizes after the upgrade and we will Launch then!

Question : When audit results will be announced publicly?
Martin Ploom : The Auditor is preparing now the final report and we will share it in the community as soon as we have it. This should be in the next week.

Question : Will there be some special Ama tomorrow in Bull Crypto Team channel? I saw they were advertising it
Martin Ploom : Yes, we are doing tomorrow AMA on the Bull Crypto channel - we will post the twitter / ANN channel after our AMA (for avoiding confusions with our regular AMA). The Bull Crypto AMA will be in the BullCrypto channel tomorrow (Sunday 4th of April) , 18:00 UTC

Question : What is your next plan for Q2 and Q3 this year?
Martin Ploom : Our focus is going into the Release 1.2:
- Adding more benefits for the Borrower
- Adding rewards and staking of SMARTCREDIT
- Reducing gas costs
- And more integration options
Practically our todo-lists for the Release 1.2 are ready, we have to roll over the team into the Release 1.2 after the Launch of the Release 1.1
And additionally, our aim is to create public Crypto Credit Score Component.
There are just 2-3 companies, offering the Crypto Credit Score. Well, our advantage is that we have the Credit-Score module and we are using it too  ;). The next step is to make it available to all (for some SMARTCREDIT as fees)

Question : Do you have a solid marketing plan after 1.1 is released? I see a lot of useless projects get a lot of hype but Smart is actually a useful tool and well worth the hype.
Martin Ploom : We have the Release 1.1 Marketing Plan prepared.
But let's say so - Our focus is not on hype but on product and users. Users deserve great DeFi experience. We are here for the long play and not for some volume pumping or token shilling or massive ad campaigns. We are here to get the users into the platform.

Question : I saw few comments concerning changes in Smartcredit team. Any comments?
Martin Ploom : We have had some internal repositionings. Our focus is and will be always on the delivery.

Question : Will there be a mobile friendly site if people don’t have the app?
Martin Ploom : Our new version will much more mobile friendly than the old one. However, we do not have yet the Wallet Connect integrated. This will come with the Release 1.2

Question : Is it useful to test betatesting anymore or do we wait defect fixing and release now?
Martin Ploom : We will publish next Beta version on Monday, let's run final tests, let's run the "happy flows", let's run the "less happy flows".
We updated User Interface for the Borrower - to make it more easier for the Borrower - let's test this too!

Question : What will you do to control dump token price? Because we already seen little dump and If price so much dump people loose their faith on that project.
Martin Ploom : Which dump? If we look on the CoinMarketCap, than we see this:
Let's take long term view. There are always some fluctuations up and down. The same applies on Bitcoin and Ethereum. The key is the utility to the end user - is there utility or is there just a token hype.

https://i.imgur.com/qNtpNpc.jpg (https://smartcredit.io/)
fffffJoin us today on SmartCredit AMA series

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://i.imgur.com/Ris5Tke.png

https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/K3u4zYi.jpg (https://smartcredit.io/)
fffffRegular AMA Session with SmartCredit co-founders Martin and Tarmo Ploom.
fffffJoin SmartCredit Community on Telegram this Saturday, 17th April 18:00 UTC!

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https://i.imgur.com/N7wdaWX.png

https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/aRzpZU7.png (https://smartcredit.io/)
fffRegular AMA Session with SmartCredit co-founders Martin Ploom and Tarmo Ploom.
fffJoin SmartCredit Community on Telegram this Saturday, 24th of April 18:00 UTC!

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https://i.imgur.com/N7wdaWX.png

https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://i.imgur.com/Ris5Tke.png

https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/DjkTl6m.png

fffffRegular AMA Session with SmartCredit co-founders Martin and Tarmo Ploom.
fffffJoin SmartCredit Community on Telegram this Saturday, 1st May 18:00 UTC!

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https://i.imgur.com/N7wdaWX.png

https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://i.imgur.com/Ris5Tke.png

https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/bpqYp1A.jpg (https://twitter.com/smartcredit_io/status/1388191150150983683)
fffDeFi Personal Fixed Income Funds are launched!
fffThe lenders and borrower's have a CHOICE now!

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https://i.imgur.com/N7wdaWX.png

https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

What percentage of the loan is given of the total collateral? In addition, if the loan contract is for 30 days, but within 15 days the borrower pays the loan, will the interest on the loan be reduced?

Helping answer, Rinkeby is the network eth is currently used to do testnet, After it ends it will be eth mainnet.

Depends on your Crypto Credit Score, a better credit score = lower collateral
It will be freedom of choice. Those who want to stay fully anonymous can do so, but they have to pay for this privilege with higher interest rates and collateral requirements. Those who are ready to open up their data — will monetize their data, and they will receive better conditions.

if the loan contract is for 30 days, but within 15 days the borrower pays the loan, will the interest on the loan be reduced?
You can't do that because SmartCredit gives stability to both lenders and borrowers with Fixed Interest rate and Fixed loan maturity.
- Fixed Interest Rate is the opposite of the fluctuating interest rate. Both sides will not be exposed to the herding movements of the market.
- Fixed Loan Maturity will reduce the collateral requirements to the borrowers.

Without Fixed interest rate,  the interest rates are fluctuating and when the market thinks that Ethereum is moving up, then DAI will be borrowed — this drives the DAI interest rates up
When the market thinks, Ethereum is moving down, the opposite will happen.


Borrow #crypto with SmartCredit in 20 seconds! https://twitter.com/smartcredit_io/status/1389164951445573634

 

With SmartCredit you can now use $LRC as collateral for a #DeFi fixed-term loan!

Monetize your
@Loopringorg
 token holdings now:

https://smartcredit.io/cryptocurrency-as-collateral/

https://i.imgur.com/kHmAKPO.png

And if it happens that a person cannot return the money on time? How is this situation regulated?

- The lender can accept borrower’s loan requests via the SmartCredit.io application. He will transfer the funds to the borrower. The borrower’s collateral will be held in the smart contracts until the end of the loan term.
- At the end of the loan, the lender will receive the principal and interest payments from the borrower

- If the borrower is not paying, then the borrower’s collateral will be liquidated and the proceeds will be used to pay the principal plus interest to the lender
- If collateral liquidation proceeds are not enough, then the Loss Provision Fund will jump in and will fill the gap
- The lender can define as well a Personal Fixed Income Fund – if he does this, then the all lending process will be automated for the lender. This means the lender will earn passive income on his assets

---

Governments promise the People and Small Businesses a democracy?
Yet at the very same time Governments create regulations benefiting only 20% of the economy - Big Business.
Join http://SmartCredit.io - Be your own bank.

https://i.imgur.com/aBrPA99.jpg (https://smartcredit.io/why-is-central-bank-interest-rate-so-low-and-why-its-so-high-for-the-smes)

https://smartcredit.io/why-is-central-bank-interest-rate-so-low-and-why-its-so-high-for-the-smes

https://i.imgur.com/qg2RGWq.jpg (https://twitter.com/smartcredit_io/status/1391804300280557571)

fffStart making your money work with competitive #DeFi fixed-rate lending and borrowing.
fffTake back control with http://SmartCredit.io.

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https://i.imgur.com/N7wdaWX.png

https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://i.imgur.com/Ris5Tke.png

https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/yyfejDW.jpg (https://twitter.com/smartcredit_io/status/1392405617852272642)

fffYou can now use $BNT as collateral for a #DeFi fixed-term loan!
fffMake your Bancor bags work harder for you!


https://i.imgur.com/UAoATl3.png (https://medium.com/smartcredit-io/paypolitan-and-smartcredit-io-partnership-dbb7b9a4141c)

fffWe are happy to announce a new strategic partnership between Paypolitan and http://SmartCredit.io
fffPaypolitan users can soon borrow fixed-term and pay fixed-term interest rates!

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https://i.imgur.com/N7wdaWX.png

https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://i.imgur.com/Ris5Tke.png

https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/zIxkCSd.png (https://smartcredit.io/)

What crypto asset should we add next as collateral for fixed interest rate #DeFi loans?

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/rAhV5bT.png (https://smartcredit.io/)

No more hidden fees. In SmartCredit.io, you pay only for:

1. Gas to create your FIF (Fixed Income Fund)
2. Gas to deposit your assets

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https://i.imgur.com/N7wdaWX.png

https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

Hi Bancor, You can now monetize BNT via SmartCredit.io

It's easy:

• Borrow DAI fixed-term with BNT as collateral
• Invest in Yield Farming
• Pay the loan + interest
• Keep the profit

Please support our vote for SmartCredit.io:
https://vote.bancor.network/#/bancornetwork.eth/proposal/QmUk8mUeb7RtEjxE3691pHZD5Sk8XHFgndciMSeHNLnjeu

https://i.imgur.com/fEoumFt.png (https://smartcredit.io/)

SmartCredit.io (https://smartcredit.io/) keeps on growing - a big thank you to our 5,000+ registered users!

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

Definitely an interesting project, will have to check it out.

https://i.imgur.com/02Ge94H.jpg (https://smartcredit.io/)

SmartCredit.io (https://smartcredit.io/) New Look!

https://i.imgur.com/AvtAKNp.png (https://smartcredit.io/)

Join the SmartCredit AMA session on Saturday at 18:00 UTC!

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

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Cryptocurrencies are volatile assets, but Fixed Income Funds (FIFs) are predictable, safe, and stable.

SmartCredit brings FIFs to #crypto to change the game.

https://i.imgur.com/llzU8gy.png (https://smartcredit.io/)

Join the SmartCredit AMA session tomorrow/Saturday at 18:00 UTC!

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/c6Zds98.png (https://smartcredit.io/)

ETH has dropped 7% today. Would you borrow some USDT to buy the dip?

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/RSQdqHf.png (https://smartcredit.io/)

https://i.imgur.com/dP4F6xG.jpg (https://smartcredit.io/)

A bull market or a bear market? It makes no sense when you invest into SmartCredit's Fixed-Income Fund!
Enjoy the stability and predictable returns with a fixed interest rate, fixed loan term, and multiple investment strategies for crypto holders.

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/9K1B7Vx.png (https://smartcredit.io/)

ETH surged 7%++ from yesterday’s dip! Lend or borrow #Ethereum now:
https://app.smartcredit.io/app/dashboard

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

Here we go again with yet another AMA session from the most communicative team ever in crypto environment :

https://i.imgur.com/l5iDfRJ.png

https://i.imgur.com/wL9TAjp.png (https://medium.com/smartcredit-io/asteria-and-smartcredit-io-partnership-88793af5b2b1)

We are happy to announce our next partnership with AsteriaProtocol options trading platform

SmartCredit.io will integrate the upcoming AsteriaProtocol token as collateral into SmartCredit

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/wCn7Zmi.png (https://smartcredit.io/partners/)

Integrate SmartCredit borrowing widget, lending widget, or loan calculator widget as a service API within minutes and get a lot of benefits!

https://smartcredit.io/partners

https://i.imgur.com/Rg3Hk3i.png (https://t.me/SmartCredit_Community)

https://i.imgur.com/YmcsNkL.png (https://smartcredit.io/)

Thank you for 7500 registered users, SmartCredit family ❤️ - 10,000 is coming!

https://i.imgur.com/ZXaE76E.png (https://t.me/SmartCredit_Community)

Passive income with crypto never was so simple.

Start the journey now.

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/Cech2ny.png (https://t.me/SmartCredit_Community)

Be part of our weekly AMA, win some SMARTCREDIT today!

https://i.imgur.com/fSM2gcA.png (https://medium.com/smartcredit-io/smartcredit-io-release-1-1-1-is-launched-40578a9c72e2)

#SmartCredit Release 1.1.1 is launched! Making #DeFi more functional.

Details:
https://medium.com/smartcredit-io/smartcredit-io-release-1-1-1-is-launched-40578a9c72e2

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/ZKLg8Ev.png (https://medium.com/smartcredit-io/updated-smartcredit-token-utility-from-release-1-2-3f30e140ef9?source=collection_home---4------0-----------------------)

Updated SMARTCREDIT Token Utility from Release 1.2 (https://medium.com/smartcredit-io/updated-smartcredit-token-utility-from-release-1-2-3f30e140ef9?source=collection_home---4------0-----------------------)


https://i.imgur.com/HxYTCsc.png (https://t.me/SmartCredit_Community)

Join the weekly SmartCredit.io (https://smartcredit.io/) AMA
Today, 18:00 UTC! t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)
Let's discuss the upcoming SMARTCREDIT token utility!

https://i.imgur.com/kr9dJcT.png (https://medium.com/smartcredit-io/smartcredit-io-rewards-and-referral-program-dcad69268f2f)

https://SmartCredit.io rewards and referrals are activated!

Available via https://app.smartcredit.io

More info: https://medium.com/smartcredit-io/smartcredit-io-rewards-and-referral-program-dcad69268f2f

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https://twitter.com/smartcredit_io (https://twitter.com/smartcredit_io)

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https://t.me/SmartCredit_Community (https://t.me/SmartCredit_Community)

https://i.imgur.com/7sg1Kvs.png (https://medium.com/smartcredit-io/smartcredit-io-has-now-12500-registered-users-626870458d21)

SmartCredit went from 5,000 users to 12,500 users in five months!

Thank you for your trust! - Let’s keep buidling!

• Medium.com/smartcredit-io/smartcredit-io-has-now-12500-registered-users (https://medium.com/smartcredit-io/smartcredit-io-has-now-12500-registered-users-626870458d21)

https://i.imgur.com/ThsJDW1.png (https://medium.com/smartcredit-io/token-unlocking-locking-and-team-token-distribution-b4cc1d34c6ae)

#SMARTCREDIT first token unlocking/locking event is completed

• Medium.com/smartcredit-io/token-unlocking-locking-and-team-token-distribution (https://medium.com/smartcredit-io/token-unlocking-locking-and-team-token-distribution-b4cc1d34c6ae)

https://i.imgur.com/uUbWedf.png (https://medium.com/smartcredit-io/orion-money-and-smartcredit-io-announce-an-exciting-new-partnership-31931f483938)

We are happy to announce a strategic partnership between SmartCredit.io & Orion.Money

Orion users can convert ERC20 collaterals into stablecoins via http://SmartCredit.io with fixed interest/term
We will integrate ORION as collateral

• Medium.com/smartcredit-io/orion-money-and-smartcredit-io-announce-an-exciting-new-partnership (https://medium.com/smartcredit-io/orion-money-and-smartcredit-io-announce-an-exciting-new-partnership-31931f483938)

SmartCredit.io users will be able to use SmartCredit widgets Orion.Money to borrow stablecoins against SMARTCREDIT or ORION token collaterals and invest in Orion.Money for 15% APY!

More info: https://medium.com/smartcredit-io/orion-money-and-smartcredit-io-announce-an-exciting-new-partnership-31931f483938

Another brick in great SmartCredit Wall. Orion as collateral is a great addition to the already wide choice available on SmartCredit.

Future for this project is bright imo.

https://i.imgur.com/SGL3xK3.png (https://medium.com/smartcredit-io/smartcredit-io-integrates-chainlink-price-feeds-eaea94c26d9c)

We are excited to announce our integration with Chainlink!

The integration will go live with our Release 1.2 !

Details:

• Medium.com/smartcredit-io/smartcredit-io-integrates-chainlink-price-feeds (https://medium.com/smartcredit-io/smartcredit-io-integrates-chainlink-price-feeds-eaea94c26d9c)

https://i.imgur.com/F7S173o.png (https://medium.com/smartcredit-io/eidoo-wallet-pnetwork-and-smartcredit-io-announce-an-exciting-new-partnership-cd54e3606fb)

We are happy to announce a new strategic partnership between Eidoo, P.Network/pTokens and SmartCredit.io!

Details:

• Medium.com/smartcredit-io/eidoo-wallet-pnetwork-and-smartcredit-io-announce-an-exciting-new-partnership (https://medium.com/smartcredit-io/eidoo-wallet-pnetwork-and-smartcredit-io-announce-an-exciting-new-partnership-cd54e3606fb)

https://i.imgur.com/e8VTaEo.jpg (https://app.smartcredit.io/app/referrals)

Invite your friends and earn 25 #SMARTCREDIT on their first loan!

https://app.smartcredit.io/app/referrals

https://i.imgur.com/JmTJQPk.jpg (https://smartcredit.io/earn)

Start earning on your #crypto with SmartCredit.io (https://smartcredit.io/) now.

https://smartcredit.io/earn

https://i.imgur.com/4Be0avv.png (https://smartcredit.io)

Be sure you will have some money to buy the next dip!

#crypto

https://i.imgur.com/S0VeDez.jpg (https://youtu.be/K_oDiOiEnVI)

#DeFi is a smart solution. LENDING and BORROWING could be so easy

https://youtu.be/K_oDiOiEnVI

SmartCredit.io announces the launch of a free Predictive AI-based Crypto Fraud Score!

Our current backtesting results in 98% fraud addresses recognition.

The only info that we use is the blockchain address and the interaction patterns with the other addresses. Our AI analyses these traces real time when you submit the fraud check queries.

• AI-based predictive Crypto Fraud Score is free via https://chainaware.ai
• Businesses can use AI-based predictive Crypto Fraud Score for Transactions Monitoring via https://swagger.chainaware.ai

Announcement: https://medium.com/smartcredit-io/free-predictive-ai-based-crypto-fraud-score-launched-ed2906bfe4a1
Gitbook: https://learn.smartcredit.io/how-does-it-work/ai-based-crypto-fraud-score
Twitter: https://twitter.com/ChainAware