UNSECURED LOANS - INSTANT ACCESS TO LIQUIDITY WITHOUT INITIAL FUNDS

Buy and hold any coins, tokens or even FIAT, top-up mobile phone, pay utility bills, etc

How Unsecured Loans Work

If the loan is repaid on time, the borrower is incentivized with an increase in the next loan's max size by 50%.

Lenders add liquidity to MicroMoney's pool. The funds will be used for lending and earning interest. Yield capital will be used in DeFi protocols to maximize earnings.

Borrowers submit a request to borrow capital from the pool: amount, interest APY, term and address.

An automated algorithm evaluates the request, the borrower's profile, credit history and other important parameters.

The pool smart contract approves or rejects the loan based on the evaluation.

The Borrower must return the principal and interest on or before the term expires.

If the loan is repaid on time, the borrower is incentivized with an increase in the next loan's max size by 50%.

Lenders add liquidity to MicroMoney's pool. The funds will be used for lending and earning interest. Yield capital will be used in DeFi protocols to maximize earnings.

Lenders

Interest Rates for Borrowers

Half-backed

loan - 10-20% APR, depending on "scoring rating"

Unbacked - 30%+ APR , depending on "scoring rating"

Fully-backed

loan - 1-12% APR

Half-backed

loan - 10-20% APR, depending on "scoring rating"

Unbacked - 30%+ APR , depending on "scoring rating"

Fully-backed

loan - 1-12% APR

Half-backed

loan - 10-20% APR, depending on "scoring rating"

Why Borrow?

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

Why Lend?

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