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We can talk about how our project is revolutionizing traditional finance all day! Might as well talk about it now.
Credefi is a lending and credit platform that aims to merge the worlds of DeFi and the conventional banking setup. Where other decentralized platforms aim to disrupt the market, Credefi intends to merge them in one.
The traditional investment and credit services on Credefi include:
- Investments: With an estimated minimum of 10% return per annum, users will be able to select investments in stablecoins portfolios depending on their willingness to take risks, powered by Credefi generated credit scoring and risk assessments.
- Lending and Borrowing: Direct P2P loan capabilities with people connecting from all over the world, with the option of even a collateral-free loan which will be case dependent.
- Trade Finance: Traditional banking instruments such as Letter of Credit will be available on the decentralized Credefi network, along with others in the plan. Credefi is also partnering with an EU-based financial firm to offer services that are in line with regulations.
- The whole Credefi ecosystem is powered by its native CREDI token.
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