Release 1.2 - Credit Lines

Credit Lines, Staking, Rewards, Fiat support

Release 1.2.0

Release 1.2 - Credit Lines, Staking, Rewards, new Collaterals, and Fiat support - was launched in April 2022.

Release 1.2 with Credit Lines, Staking and Bonus rewards launched

Several mini-Releases have been launched after Release 1.2.0. They are mainly focused on user feedback:

Release 1.2.1

Improvements:

• Ledger ECDA signing issue fixed (user couldn't sign with Ledger ...)

• TVL calculation breaks down if loan is not yet matched

• Users can create multiple staking FIF's

• Staking truncation issue with the decimals (if too many decimals, then error in staking creation)

• FAQ migrated to Gitbook

• Application links to the learn.smartcredit.io instead of the old FAQ

• Withdraw ETH Collateral added to ETH Credit-Line

• DeFiLlama integrated

Release 1.2.2

Improvements:

• "Loan Repay" button to be disabled after liquidation started

• Positions Monitoring System - send notifications to the linked telegram accounts about upcoming loan payment deadlines

Release 1.2.3

Improvements:

• Liquidation flow improvements

• Show "Total Staking Rewards" in the dashboard

• Show "Lending Deposits" and "Borrowing Volume" on the dashboard

• Adjust TVL calculation formula to DeFiLlama TVL calculation formula

• Show collateral locked by the Credit Line

Release 1.2.4

Improvements:

• Show how many FIF's are available for matching

• Liquidation probability calculation update

• Protection from the stablecoin de-peg

• Fix URL's in the telegram bot messages

• Add "Increase collateral" to any loan (previously only after 15% liquidation probability)

• Show the liquidation ratio in the loan details

• Repay button is available after the loan is repaid

Release 1.2.5

Improvements:

• Dashboard loading speed much faster

• Additional notifications enabled in Telegram bot (staking rewards, bonus rewards, loan matched, loan terminated, loan payment date getting close)

Release 1.2.6

Usability improvements:

• Show cash back rewards APY direct in the dashboard

• Show cash back rewards for a loan directly in the loan calculator

Release 1.2.7

Usability improvements:

• Chat integrated to ask questions from the team

• Usability improvements for the Credit Lines and Loan Calculator

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