Cred

by Cred

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HERO Token

by HERO Fintech Technologies

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Compound

by Compound

4.5/5

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Cred

by Cred

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HERO Token

by HERO Fintech Technologies

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Compound

by Compound

4.5/5

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What problem does this service solve?

Cred is a lending platform that allows people to use their crytpocurrency assets as collateral to receive loans.HERO's goal is to connect borrowers and lenders in a decentralized lending marketplace.Compound lets users borrow or lend cryptocurrency and earn an interest rate.

Token Stats

Company Description

Cred is a crypto-backed lending platform that is powered by the LBA token. It allows users to leverage their cryptocurrency assets to secure cash loans, and get fast liquidity without having to sell them.

HERO is developing a blockchain-based lending marketplace that will connect borrowers and lenders. The network will be powered by the Ethereum based HERO token. The project was originally focused on using blockchain to promote financial inclusion in Southeast Asia.

Compound is an Ethereum-based lending platform that allows DApps to easily monetize or borrow tokens. The Compound token is used to power a money lending market for crypto assets. Projects can earn interest on funds that are inactive. The Compound protocol adjusts money market interest rates based on asset-specific supply and demand. This allows users to exchange Ethereum assets without having to negotiate terms, rates, or technical requirements.

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