Today the ecosystem’s total value locked (TVL) rose to $62B and reached its all-time high. This is truly amazing — every day the DeFi market sees a dozen new projects ranging from investments to risk hedging, etc. However, Credefi is a unique one, and in a lot of ways it changes the way people look at DeFi.
We have already talked about how Credefi is, in some sense, a bridge between the traditional finance market and DeFi. Our project got the best from both worlds! The goal of Credefi is to leverage decentralized technologies in solving the problems that users face in traditional finance. Credefi was designed in a way, where each participant can lend and borrow money on a decentralized platform, where the contracted interest is determined by his own individual risk appetite. Users will have the ability to not only take out and provide loans, but also invest in credit portfolios, increasing their potential earnings!
In addition, Credefi will provide the means as well as new opportunities to make informed investment choices in order to bring a high rate of return, while helping those in need, but neglected by banks.
There haven’t yet been anything like this on the DeFi market, and we want these opportunities to be available to the maximum number of investors!