Credix

Description

Credix: Peer-to-Peer Crypto Lending Platform Introduction Credix is a platform that enables users to lend and borrow cryptocurrency on a peer-to-peer (P2P) basis. Unlike traditional liquidity pool-based lending systems, Credix allows borrowers and lenders to interact directly, providing greater flexibility in loan terms. This enables lenders to adjust interest rates and credit conditions within certain limits instead of being restricted by the rules of a liquidity pool. Advantages of Credix Flexibility: Users can set their own interest rates and loan conditions without being tied to liquidity pool rules. Direct Interaction: Borrowers and lenders transact directly, eliminating the need for central intermediaries. Personalized Loan Terms: Lenders can determine how much they want to lend, at what interest rate, and for what duration. Collateral Support: Borrowers can secure their loans using a native token (UUSDT). Technical Structure Credix operates on a smart contract infrastructure that manages the borrowing and lending processes. The platform consists of: Smart Contracts: Automate and securely manage users' lending and borrowing transactions. Native Token (UUSDT): Credix mints UUSDT tokens on the test network, which can be used as collateral in the borrowing process. Token Economy Credix's native token, UUSDT, is minted on the test network and is equivalent to UNIT0 tokens at a 1:1 ratio. This system ensures greater stability and reliability in lending and borrowing transactions.

GitHub

https://github.com/mertcankose/banu-blockcain-units