Yes it is.

One question. When you activate lending do you lend in REC or USD? If you do than you sold REC for USD and then lend USD. Soo if REC price rise you are at lost of that deflation. Am I thinking correctly?

Well it is true that you get 1.1% interest but I think REC price will rise more in fallowing days. I see on dashboard "Landing X USD" but I am asking anyway to be sure.

P.S.: If you want to join click https://regalcoin.co/ref/TRUBARCEK