What's up with the credit tokens? How does it work?
Subtoken CRPT:CRED is the one of our cryptobanking products. It is an internal blockchain based lending system. Subtoken CRPT:CRED has no relation to a regular CRPT token.
For example, a client loans 100 CRTP:CREDs for 3 months loan period. The main condition of the loan smart contract is to bring back 105 CRPT:CREDs when the period is over. Thus, credit tokenholders can generate revenue when sell CRPT:CREDs again as the CRPT:CREDs rate grows on the exchange.
So there is no interest in the percent for having meaning. Revenue is generated by CRPT:CRED rate change.
Hey guys, just want to put some clarification. CRED subtokens will not be traded on the exchanges. CRED subtokens can be changed for specified currency in our internal market place with other users of Crypterium. When the lending period is over, the borrower should purchase CRED subtokens from other users to pay the credit back to Crypterium again in our internal marketpace.