Re: Credefi combines the best practices of DeFi and traditional finance
What you need to know about the CREDI token
We would like to tell you about the CREDI token — we have gathered all the important information in this post so that you could find all the key details in one place!
CREDI is an inflationary token used for rewards on the Credefi platform and the token used in the token sale. CREDI has a perpetual inflation of 5% based on the initial CREDI supply of 150 million tokens. An equal amount of new CREDI will be released into the system each year, meaning that the percentage Year-on-year inflation will decrease over time.
The main utility function of CREDI is to act as an additional security layer for the loans issued on the platform. Users can get passive income as liquidity providers for CREDI on UniSwap or liquidity providers who deposit their xCREDI LP tokens in the security module.
Stay tuned to our news to keep learning more about CREDI! And don’t forget to visit our token’s page on our website: https://credefi.finance
We would like to tell you about the CREDI token — we have gathered all the important information in this post so that you could find all the key details in one place!
CREDI is an inflationary token used for rewards on the Credefi platform and the token used in the token sale. CREDI has a perpetual inflation of 5% based on the initial CREDI supply of 150 million tokens. An equal amount of new CREDI will be released into the system each year, meaning that the percentage Year-on-year inflation will decrease over time.
The main utility function of CREDI is to act as an additional security layer for the loans issued on the platform. Users can get passive income as liquidity providers for CREDI on UniSwap or liquidity providers who deposit their xCREDI LP tokens in the security module.
Stay tuned to our news to keep learning more about CREDI! And don’t forget to visit our token’s page on our website: https://credefi.finance