How MORTGAGE is designed to work:
Homeowner applies and completes verification. Anyone launches a coin for them and routes 100% of creator fees to the MORTGAGE fund. Fees are claimed on-chain.
80% goes toward their mortgage, while 20% buys and burns $Mortgage.
Automated verification, fee collection and payments are still in development.
Introducing $Mortgage.
Launch a token for a homeowner.
Its https://t.co/4nBJsJvR8a creator fees get claimed on chain, converted to dollars, and paid straight to their mortgage servicer.
No extra cash to spend. Just a mortgage balance going down. Every payment gets a public receipt on the ledger database.
CA soon.