Filecoin is a decentralized storage network for humanity's information.
The goal of Filecoin is to provide a safe and economical decentralized data storage solution for users all over the world.
The development of digitization and communication technology(5G) has accelerated the increase of data in human society.
An interbank market system to provide reliable scalability, interoperability, decentralization, and peer-to-peer banking system of digital assets.
Makers propose their borrow/lend interest rates to market takers. To initiate the position, they have to collateralize at least 20% in ETH.
Takers see the proposal and take a deal. In a loan deal, they will be borrowers or lenders. To make a deal, they have to collateralize ETH.
Filecoin used to settle and verify the transfers of FIL involved in loan deals.
Market smart contracts used to gather market information. It works like an on-chain two-sided order book.
Based on Ethereum smart contract that takes ETH/USDC as collateral and manages the funds' ownership based on its state.
It is a smart contract that stores all the loans to manage schedules for coupon payments, calculate PV (present value), and control its state.
Secured Finance Lending market is accessible to digital assets holders in 4 simple steps
Import your digital assets wallets, place required collateral positions and start lending/borrowing digital assets with Secured Finance counterparties
Place your order to lend/borrow digital assets on Secured Finance platform with favorable terms and interest rates that fits your targets
After matching your order to a counterparty from the second side of the market, lenders have to confirm the loan agreement and lend out their digital assets which is covered by borrower's collateral.
Manage and control the execution of your loan agreements, collateral coverage and coupon payments across your counterparties