Collaterals
WBTC, WETH, ETH, USDT, USDC, DAI and many ERC20 tokens are supported as collateral. In total, the platform supports 22 collateral assets.
The loan requests are always over-collateralized.
SmartCredit.io supports 20 collateral assets:
- wETH, wBTC, and ETH
- ERC20 tokens
- Partners ERC20 tokens
- Stablecoins
- Our own SMARTCREDIT token
The loans are over-collateralized. The concrete Collateral Ratio for a loan depends on multiple parameters. See more details in the "Collateral Ratios section".
If the value of the collateral to the loan sinks to the Liquidation Ratio - then the loan will be liquidated. SmartCredit.io does not earn on the liquidations. See more details in the "Liquidation section".
Here is a detailed list of collateral assets, the link to the Etherscan, and the Liquidation ratios.
The tokens of our partners are marked in bold - we add the tokens of our partners into our collateral list. This increases the utility of our partner's tokens.
Collateral | Etherscan Link | Liquidation Ratio |
|---|---|---|
ETH | | 113% |
wETH | 114% | |
wBTC | 112% | |
DAI | 106% | |
USDC | 106% | |
USDT | 106% | |
BAT | 115% | |
BNT | 119% | |
CRO | 115% | |
ENJ | 115% | |
EPAN | 112% | |
LINK | 115% | |
LRC | 119% | |
ID | 114% | |
MKR | 118% | |
PNT | 122% | |
REP | 113% | |
SMARTCREDIT | 120% | |
UNI | 121% | |
ZRX | 113% | |
| | |
Last modified 2mo ago