A new protocol on the TradingGPT platform helps lenders and borrowers transparently manage their assets. Lenders can set balanced indexes for their capital sources, and borrowers have the right to choose more loan packages suitable to their loan purposes.
An improved algorithm from the old Lending & Borrowing model. Helps borrowers and lenders receive more security and transparency in their transactions. Borrowers and lenders will be connected directly to each other without depending on any intermediaries.
Minimum loan amount
Type of property that accepts mortgages
Mortgage rate
Liquidation rate
Prepayment penalty fee
Profit cycle
Interest rate
Loan contract term
Maximum loan amount compared to collateral
Interest rate
Borrowed time
Interest payment cycle
Smart contracts will manage collateral in a transparent and fair manner. The collateral will be held in the smart contract and returned to the borrower only when the loans have been repaid.
If the borrower does not repay the loan beyond the specified period, the smart contract will automatically release the collateral for the lender to liquidate and recover the debt.
