Standard Protocol Partners Showcase — DeCredit
We are thrilled to announce a new partnership with DeCredit, a Defi 2.0 protocol that empowers the DeFi market by introducing credit loan models. Credit loan models are formed by linking credit authentication nodes and credit oracles to lending products, and provided differentiated lending limits and interest rates based on on-chain and off-chain credit assessments ,on the premise of existing encrypted collateralized loan models to reduce, and finally eliminate collaterals progressively, flourishing the lending market.
Standard Protocol x DeCredit
The DeCredit team is deeply involved in the credit sector and has rich industry experience in the field of credit protocols, big data credit, industrial funds and data risk control, which can provide rich lending scenarios and credit base support for DeCredit to expand its credit lending business. With DeCredit being the first on and off-chain omni-channel lending protocol for users with traditional industries, this will expand MTR’s use case .
Through this partnership, we are looking to incorporate Standard Protocol’s stablecoin, MTR, into DeCredit’s to provide a stable and robust credit loan ecosystem, and explore opportunities to bring DeCredit collateralized lending products onto our platform as well. We believe this partnership brings huge and bilateral success.
Stay tuned for more updates on Standard Protocol and DeCredit’s social media respectively.
About DeCredit
DeCredit is a Defi 2.0 protocol that empowers the DeFi market by introducing the credit loan models, that is, linking credit authentication nodes and credit Oracle to lending products, on the premise of existing encrypted collateralized loan models, with a view to progressively reduce and finally eliminate collaterals, enabling staggered resource allocation and the blockchain paradigm to inclusively enable the traditional financial lending sector. By doing this, DeCredit leverages the tremendous momentum generated by DeFi to provide liquidity support to a wider range of entities and individuals.
Please click the following links for further more information about the DeCredit: Website | Twitter | Telegram | Medium
About Standard Protocol
Standard Protocol is the first Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets that will operate across multichain ecosystems, with our in-built DEX as a market maker to ensure capital efficient liquidation process and stability of our stablecoin USM. It is also the recipient of Shiden Network Builders Program Grant, Polygon #DefiForAll Fund and Polkadot Web3 Foundation Grant. Standard Protocol strives to innovate as the next generation digital assets and prides itself on its global community growth approach.
Please click the following links for further more information about the Standard Protocol: Website | Twitter | Telegram Community| Medium | Discord | Clubhouse | Reddit
Standard Protocol Partners Showcase — Decredit was originally published in Standard Protocol on Medium, where people are continuing the conversation by highlighting and responding to this story.
