It delineates our project’s financial structure, and will help you understand how the Credefi economy works!
Credefi is powered by its two main tokens — the CREDI and xCREDI tokens, which are compliant with the ERC20 standard and will be issued on the Ethereum network.
CREDI is designed to be an inflationary token, used for rewards and acting as an additional security level for the loans issued on the platform. It will be offered via private and public token sale and later available for purchasing and selling on the CREDI/DAI liquidity pool on UniSwap.
xCREDI is a variable supply token created by burning CREDI and stabilizing the Credefi ecosystem. Users who deposit CREDI in the security module could also benefit from multipliers and are allowed to participate in the Credefi governance.