December 23st Introducing the coincircle app
Dec 23, 2021
You can lend with the Coincircle app. All you need to do to approve an immediate loan for lending is to deposit collateral.
When you deposit a collateral cryptocurrency, it is securely held in a decentralized contract on the Ethereum blockchain called a “smart contract”.
With smart contracts, you can earn interest on collateral, but at the same time, collateral is also used for automatic payment of interest on loans. You can withdraw collateral when you repay the loan. The more you repay, the more you can withdraw.
