Interest Protocol (Dinero Market test net)
Some important information:
- Interest Protocol is a 3rd generation lending market protocol that offers crypto, NFT, private, and public debt investment opportunities and stablecoin loans.
- We just released our Dinero Markets test net, which will allow investors to borrow our stablecoin Dinero while farming their collateral.
- We will offer lending markets to any crypto-asset (+9000 tokens on CMC) through multi-asset isolated marketplaces (5 asset pools) with bridge tokens between our pools to maintain liquidity while creating a highly secure and efficient lending protocol.
- We will offer stable coin zero-interest-rate loans while farming your collateral through our stablecoin leverage Vault.
- We will support NFT P2P loans. The loansβ debt will be NFTs, which allow lenders to exit out of position before maturity if they find a buyer.
- We will work with financial institutions to allow investors to invest in private and public debt with crypto, allowing investors to earn a high APR on their stablecoin.
- We have partnered with an African bank to offer crypto solutions to emerging countries.
- We are working with Fintech House Lisboa to raise funds and build our community.
Introducing Interest Protocol
Interest Protocol is a lending marketplace where investors can find lending investment opportunities for any token, NFTs, and real-world debt from private and public institutions. We strive to improve the crypto market by offering large APR opportunities to our investors while maintaining a highly secured protocol through multi-asset isolated marketplaces in crypto-asset loans and offering debt from reputable institutions in the case of real-world investment opportunities.
Dinero Market test net
We just launched our Dinero test net. Please test it on the following link: https://www.interestprotocol.com/dapp
Please read our medium article to learn how to use it: https://medium.com/@interestprotocol/dinero-market-test-net-6bf3e234ddb8
Feedback form: https://6vbehzktcwt.typeform.com/to/nhsl8iVg
Dinero Market
We designed the Dinero Market to allow investors to borrow our synthetic stablecoin Dinero (DNR) while earning interest from their collateral. Interest Protocol will farm the loansΒ΄ collateral on PanckaSwap MasterChef and Venus. Investors will be able to use exotic assets such as LP tokens as collateral to borrow DNR while farming them on PCS, which decreases their loan cost. In the case of single assets such as Bitcoin and BNB investors, collateral will be farmed in Venus. In addition, we control the interest rate of DNR loans, which allows us to manipulate the cost of the loan to benefit the borrowers.
Our test net only has BTC as collateral but expects us to add other assets in the main net, including interest-bearing tokens and liquidity provider tokens. The users have to use the BSC test net through their Metamask wallets and click on the faucet in our Dapp to mint a test BTC to get a DNR loan.
This is a test net. Why should I use it?
Firstly, we appreciate all feedback to improve our product, and secondly, we will be keeping track of your usage and will reward token sale whitelist spots based on it.
Whatβs next?
We plan to release our Earn page next with farms and pools. Afterward, we will deploy our NFT lending market on Kovan or Rinkeby, Ethereum test nets, and finally will be our MAIL pools (lending markets for all tokens). Here is a sneak peek of their UI.
For more information, check out the following links:
Website: https://www.interestprotocol.com/
Dapp: https://www.interestprotocol.com/dapp
Twitter: https://twitter.com/interest_dinero
Medium: https://medium.com/@interestprotocol
Reddit: https://www.reddit.com/user/InterestProtocol
Telegram: https://t.me/interestprotocol
Discord: https://discord.com/invite/PJEkqM4Crk
GitBook: https://docs.interestprotocol.com/
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