SmartCredit.io Rewards and Referral Program
We are pleased to announce our Rewards and Referral Program.
Here is a short video explanation:
Borrowers will earn:
- 50 SMARTCREDIT tokens when they undertake their first loan > USD 1,000
Affiliates will earn:
- 25 SMARTCREDIT tokens when referred persons undertake their first loan > USD 1,000
- DAI, USDC, USDT, ETH, and other assets as 50% of the loan origination fees from their referred persons forever
Our affiliates can now use:
- Our referral links in their social media or websites or e-mails
- Our borrowing/lending widgets on their social media or websites
Affiliates can claim all the rewards using the app.smartcredit.io via the “Profile ⇒ Referrals” section.
Duration of the campaign:
- “50 + 25 SMARTCREDIT” campaign runs till the cap of 10’000 SMARTCREDIT is used.
- Rewards will be adjusted after that
About SmartCredit.io
SmartCredit.io (https://app.smartcredit.io) is an innovative Decentral Finance (DeFi) borrowing/lending platform. The big difference to others is:
- We offer fixed-term and fixed-interest loans for borrowers.
- Borrowers are not exposed to the variable rates of money-market funds, but they earn a fixed rate — they know their cost of capital in advance.
- We offer DeFi Fixed Income Funds for lenders — lenders can define which maturities they want to invest in and earn a stable yield.
Borrower Rewards
When borrowers undertake their first loan > USD 1,000 USD, they will earn SMARTCREDIT tokens.
Most borrowing/lending platforms offer variable-rate, variable-term loans for borrowers. We are the opposite — we offer fixed-interest-rate, fixed-term loans for borrowers.
Why is this important? It’s because of the cost of capital — borrowers want to know how much their cost of capital is. In the same way, lenders want to know how much they will earn. Both sides will have predictability.
Affiliate Rewards
When users join with their referral code, the affiliate will earn SMARTCREDIT tokens for every first loan the borrowers undertake.
Additionally, the affiliate will earn half of the loan origination fees from his borrowers forever.
Referral Links
The affiliate can register in SmartCredit.io and copy his referral link from his profile (via the “Profile ⇒ Referrals” section). The affiliate would then place the referral link into his social media or website. He will start earning revenue, depending on how many users onboard and take loans.
Widgets
SmartCredit.io has the following widgets:
- Loan Calculator — a borrower can calculate the loan details, depending on his collateral, assets, and loan term (i.e., how much interest he has to pay and how much his collateral ratio is).
- Borrowing widget — the borrower can borrow directly from the widget
- Lending widget — the lender can create his FIFs directly from the widget
The widgets exist in two formats:
- JavaScript’s widgets — integration requires 8 lines of JavaScript
- WordPress’s plugins — integration requires 1 line on WordPress
The affiliate needs to register in SmartCredit.io; he will find his referral code in the “Profile ⇒ Referrals” section, and he needs to use this referral code in the widget or plugin.
Claiming of the Rewards
The affiliates have to log in to https://app.smartcredit.io and claim their rewards via the “Profile ⇒ Rewards” section.
Additional Information
- SmartCredit.io website
- SmartCredit.io Application
- SmartCredit.io introduces DeFi Fixed Income Funds.
- Yield Farming with Fixed-Term-Loans via SmartCredit.io
- Potential of Fixed-Term-Loans in Bearish Market via SmartCredit.io
- Potential of Fixed-Term-Loans in Bullish Market via SmartCredit.io
Follow us on Social Media
- Telegram: https://t.me/SmartCredit_Community
- Twitter: https://twitter.com/smartcredit_io
