๐พ Do you want to play a freelancer in Xenon and complete legendary tasks? Get ready to craft something soon!
๐ Join our discord: https://t.co/6BafbVDDJr
#Pixelverse#Pixel
๐โจ Get ready for Week 1 of #Taskmas Carnival on #TaskOn!
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CREDI and xCREDI are getting their utilities as we speak so let's remind you about their importance, for our ecosystem and for you, the HODLers.
$CREDI Benefits:
1. Fee Discount Yield/Boost:
- Lenders can boost their yield by up to 33%.
- Borrowers can reduce origination fees by up to 33%.
2. Security ModuleX:
- $CREDI in ModuleX can remunerate liquidity providers in default cases.
- Deposited $CREDI is burnt after 6 months, and xCREDI is minted.
3. Collateral Protection Insurance:
- $CREDI secures insurance for lender protection in case of borrower default.
- Tiers provide priority in reimbursement for higher-tier policyholders.
4. APY Boost:
- Stake $CREDI to raise stable coin APY from 0.5% to 2%.
- Levels: Common (0.5%), Standard (1%), Premium (2%).
5. Instant ROI:
- Holding $CREDI makes you eligible for Instant Return on Investments upon lending.
$xCREDI Advantages:
1. Governance Participation:
- HODLers participate in future project developments through governance.
2. Profit Sharing:
- Holders receive 10% of the total yearly project revenue.
3. Instant ROI:
- Holding $xCREDI makes you eligible for Instant Return on Investments upon lending.
#XRPL #Credefi #CREDI #xCREDI #DeFi #TradFi #CeDeFi #RWA #RWFA #Borrowing #Lending #P2P #SME #FirstMovers #Web3 #NFTBonds #CREDIARMY