Fixed Interest Rate

Interest rates are set by the interest rate curves, which are predefined by the platform.

The interest rate curves are predefined. These are standard, upward-sloping yield curves, meaning the longer the loan term, the higher the APY.

The concrete interest rate for a loan depends on:

• The loan term—the longer the loan term, the higher the interest rate.

• Trust score—every borrower is automatically trust scored. Every borrower can try to increase his trust score by submitting additional information. The better the trust score, the better the interest rate.

• The underlying asset—different assets have different predefined yield curves.

The lender receives the interest rate, as defined via the SmartCredit.io yield curves (standard upward-sloping yield curves).

The borrower pays:

• The interest rate for the lender

• The platform fee is 0.5% of the loan principal (see the Revenue Model)

• The loss-provision fee is accumulated into the Loss-Provision Fund and used in adverse situations

Tutorial videos:

• Video "SmartCredit.io intro"

• Video "How to borrow?"

• Video "How to borrow 1'000 USD stablecoins?"

• Video "How to connect your wallet with notifications?"

• Video "How to earn stable recurring income with Fixed Income Funds?"

• Video "How to mix variable interest rate and fixed interest rate?"

• Video "How to earn 50% + with borrowing?"

• Video "How to earn 30% + with lending?"

• Video "How to earn 15%+ on your collateral value?"

• Video "How to earn with staking?"

Further info

• SmartCredit.io: https://SmartCredit.io
• Twitter: https://twitter.com/Smartcredit_io
• Telegram: https://t.me/SmartCredit_Community