Introducing an extremely early project @SizeCredit

On @Base

👉 It's a money market that offers fixed-rate loans. Both borrowers and lenders will know the exact costs and loan duration, which can be fairly flexible.

⚡️Not funded yet, and currently has only 1,150 followers.

Disclaimer: Investing carries risks; being very early means hoping for high risk-reward.

Website: https://app.size.credit/lend?action=limit

For the lender side: 👉 We can set the interest rate and loan duration as desired (red circle).

👉 While waiting for an order to match, we'll earn interest at apassive variable rate (green circle).

On the borrower side, they can see the available loan duration and the fixed interest rate before even starting the loan process.

This provides clear financial costs, avoiding the fear of rising interest rates and the need to re-position.👉 Locking in interest rates during a poor market can provide us with funds to farm during a bull market.

Aave also used to have stable rate interest, but it has been discontinued. Therefore, if DeFi achieves mass adoption, there will be demand in this area.

At the bottom of the image, you can see that @SizeCredit has already been audited.

Even with an audit, vulnerabilities can still exist, so always do your own research (DYOR).

As of 30 Aug 2024, there are 1,158 followers.

I've tried depositing some USDC as a lender, not much. The website is quite well-designed.

For anyone who wants to try something early, feel free to give it a go.

Not financial advice. Investing carries risks. DYOR everytime!

Enjoy this? follow for more at @gadgeteerth @0x_nanobro

Introducing an extremely early project @SizeCredit

On @Base

👉 It's a money market that offers fixed-rate loans. Both borrowers and lenders will know the exact costs and loan duration, which can be fairly flexible.

⚡️Not funded yet, and currently has only 1,150 followers.

Disclaimer: Investing carries risks; being very early means hoping for high risk-reward.

Website: https://app.size.credit/lend?action=limit

For the lender side: 👉 We can set the interest rate and loan duration as desired (red circle).

👉 While waiting for an order to match, we'll earn interest at apassive variable rate (green circle).

On the borrower side, they can see the available loan duration and the fixed interest rate before even starting the loan process.

This provides clear financial costs, avoiding the fear of rising interest rates and the need to re-position.👉 Locking in interest rates during a poor market can provide us with funds to farm during a bull market.

Aave also used to have stable rate interest, but it has been discontinued. Therefore, if DeFi achieves mass adoption, there will be demand in this area.

At the bottom of the image, you can see that @SizeCredit has already been audited.

Even with an audit, vulnerabilities can still exist, so always do your own research (DYOR).

As of 30 Aug 2024, there are 1,158 followers.

I've tried depositing some USDC as a lender, not much. The website is quite well-designed.

For anyone who wants to try something early, feel free to give it a go.

Not financial advice. Investing carries risks. DYOR everytime!

Enjoy this? follow for more at @gadgeteerth @0x_nanobro