FAQs
What happens if I donβt repay my loan?
If you fail to repay within 7 days, your collateral is liquidated and your $SRD membership is revoked.
How sustainable is the 1% daily interest for lenders?
Borrowers pay a 5% daily fee, which funds lender rewards. AI ensures sustainable borrowing demand.
Can I withdraw my funds at any time?
Yes, borrowers can repay anytime and lenders can withdraw anytime unless actively loaned out.
Where will $SRD be traded?
$SRD will launch on Raydium DEX and later on centralized exchanges (CEXs).
Is my deposit safe?
Yes, SOLCRED has AI-driven risk assessment and an insurance pool that protects lender deposits.
Last updated