FAQs

  1. What happens if I don’t repay my loan?

    • If you fail to repay within 7 days, your collateral is liquidated and your $SRD membership is revoked.

  2. How sustainable is the 1% daily interest for lenders?

    • Borrowers pay a 5% daily fee, which funds lender rewards. AI ensures sustainable borrowing demand.

  3. Can I withdraw my funds at any time?

    • Yes, borrowers can repay anytime and lenders can withdraw anytime unless actively loaned out.

  4. Where will $SRD be traded?

    • $SRD will launch on Raydium DEX and later on centralized exchanges (CEXs).

  5. Is my deposit safe?

    • Yes, SOLCRED has AI-driven risk assessment and an insurance pool that protects lender deposits.

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