Cred Nominated for Binance Community Coin of the Month: Voting Ends July 30th

Cred
2 min readJul 25, 2018

Thanks to the effort of the entire Cred community, we have been nominated as one of the top five contenders for Binance's Community Coin of the Month.

Before you vote, you need to know the following:

  • You need to have a Binance account and BNB to vote.
  • Each registered user can vote for multiple candidates, but will only be able to submit their full vote once.
  • Users will need to pay 0.1 BNB per candidate in their vote.
  • For every 1 BNB held in your balance, the Final Multiple will be increased by 1, up to a maximum Final Multiple of 500. More BNB you have, more larger the multiplier of the vote!
  • Binance will take a final snapshot of each user’s BNB balance at 2018/07/30 0:00 AM (UTC) to determine the multiplier of the user’s votes.
  • For every 1 BNB held in the balance, the multiplier will be increased by 1, up to a maximum multiplier of 500. For example, at the time of snapshot, a user having 3.9 BNB in balance will have a multiplier of 3. A user having 1000 BNB in balance will have a multiplier of 500.
  • Your BNB will not be locked at any time after you vote. However, please note that only the BNB held in your account at the time of the final snapshot will apply to your multiplier.

We encourage all members of the community to respect other projects and strictly follow the voting rules. Thank you for your continued support of Cred.

Happy voting!

About Cred

Cred is a decentralized global lending network that facilitates open access to credit anywhere and anytime. Founded by former PayPal technical and financial experts, Cred is a leader in the lending industry, specializing in blockchain technology. Using a suite of decentralized lending smart contracts, Cred allows its borrowers to choose from two forms of lending denominations: stable cryptocurrency or fiat money. Cred is set to revolutionize the lending industry by merging an established global lending network, a diverse team of entrepreneurial leaders, and the power of blockchain technology.

Follow us for the latest news and project updates:

Buy Cred’s LBA Token on Uphold: https://uphold.com/

Inquire about a Cred Loan: http://bit.ly/CredLoan

Website: https://www.mycred.io/

Twitter: https://twitter.com/ihavecred

Email Inquiries: info@mycred.io

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