Re: [ANN][ICO] 7Seconds - The First Blockchain Credit Marketplace
I just about risk program or something like that, it states that tokens will be used in this direction also.
Can you explain this a little?
Yep, sure! Can you explain this a little?
The borrower is rewarded with CRET tokens, which they can use as a discount on the next loan. If the borrower fails to follow the loan conditions,
the tokens are sent to the lender. So, a lender can reduce its interest rate, deducting uncertainty risk, and be competitive on the platform.
That's it!
Simple as it is
.What I can do more for your tokens?
Risk management program:
- to reward borrowers who have meet all requirements of Risk Management Program;
- to compensate lenders' uncertainty risk.
Payments:
- borrowers can repay loans;
- borrowers can pay for goods at partner shops.
Data analysis:
- lenders can pay for data analysis and scoring.