100 out of 196 countries have 2,000,000,000 unbanked people. However, these people still need funds. We connect new customers to all existing financial services.
A new approach to on-chain lending that allows AMM holders to vote on incoming borrowing and uncollateralized loan requests; it creates new ways for AMM users to generate stable, high returns in DeFi; and it empowers approved borrowers with fast, fixed-term, fixed-rate loans with no collateral requirements. The AMM incorporates Binance's and Polkadot's best advantages!
The platform uses complex algorithms to predict the credit-worthiness of every customer and in just 15 minutes, a borrower can get their very first loan through their smartphone.
Buy and hold any coins, tokens or even FIAT, top-up mobile phone, pay utility bills, etc
A personal decentralized credit line
Instant money on-demand
A cost-effective process for collateralization
Ability to unlock new assets for funding
Flexible and advance payments
No banks or bureaucracy
High yields with low risks
Transparent securitization and tracking of each asset
Liquid investments into illiquid assets
Round-the-year returns
Be part of the bankless community
Competitive risk assessment/underwriting
In order to provide the best functionality and smooth working of all features, the MicroMoney system leverages the best from several blockchains. We emphasize Polkadot's blockchain the most as it: has easy cross-chain transfers, has good scalability, is easy to improve, is user-driven and is absolutely secure.
Since Polkadot is a cross-chain protocol, we can aggregate the products of our partners to provide customers with access to services on other blockchains.