1️⃣ Smart contract guarantee: All transactions are automatically executed by smart contracts to ensure security and transparency.
2️⃣ Decentralized lending: No third-party intermediary is required, reducing costs and increasing autonomy. Users can borrow and lend directly through smart contracts.
3️⃣ Funding pool mechanism: Suppliers deposit assets into the fund pool, borrowers provide collateral and borrow the required assets from it, with higher liquidity.
4️⃣ Dynamic interest rate: The interest rate is adjusted in real time according to market supply and demand, transparent and open to ensure fairness.
5️⃣ Global service: Based on blockchain technology, users around the world can participate without geographical restrictions.
6️⃣ Fast approval: Smart contracts automatically review loan applications without manual intervention, efficient and convenient.
7️⃣ Secure asset collateral: Borrowers provide encrypted assets as collateral to reduce loan risks, provide higher loan amounts and lower interest rates.
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🔍 Learn more: https://bitpowerloop.com
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