SMARDEX P2P Lending
Total Value Locked$1.03m
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$122,648 | |
$1,525 | |
$85.4 | |
$0 |
Protocol Information
P2P Lending is a simple on-chain lending and borrowing protocol for ERC20 tokens on Ethereum. It uses a fixed-term loan model with upfront collateral to avoid liquidation risks. Borrowers create loan proposals directly on-chain, and lenders can choose to accept them—no off-chain signatures or processes are required, making the system fully decentralized
Category:Lending
Methodology
Fees: Protocol fees are given by interests paid in credit Tokens by Borrowers to Lenders, cumulated with the amount of SDEX burned at Proposal creation.
Revenue: Protocol revenue is the total amount of SDEX burned at each new Proposal creation.