Standard Protocol Has Partnered With DeCredit
Within this collaboration, Standard Protocol will incorporate Standard Protocol’s stablecoin, MTR, into DeCredit’s to provide a stable and robust credit loan ecosystem, and explore opportunities to bring DeCredit collateralized lending products onto our platform as well. We believe this partnership brings huge and bilateral success.
The DeCredit team is deeply involved in the credit sector and has rich industry experience in the field of credit protocols, big data credit, industrial funds and data risk control, which can provide rich lending scenarios and credit base support for DeCredit to expand its credit lending business. With DeCredit being the first on and off-chain omni-channel lending protocol for users with traditional industries, this will expand MTR’s use case .
About DeCredit
DeCredit is a Defi 2.0 protocol that empowers the DeFi market by introducing the credit loan models, that is, linking credit authentication nodes and credit Oracle to lending products, on the premise of existing encrypted collateralized loan models, with a view to progressively reduce and finally eliminate collaterals, enabling staggered resource allocation and the blockchain paradigm to inclusively enable the traditional financial lending sector. By doing this, DeCredit leverages the tremendous momentum generated by DeFi to provide liquidity support to a wider range of entities and individuals.
About Standard Protocol
Standard Protocol is the first Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets that will operate across multichain ecosystems, with our in-built DEX as a market maker to ensure capital efficient liquidation process and stability of our stablecoin USM. It is also the recipient of Shiden Network Builders Program Grant, Polygon #DefiForAll Fund and Polkadot Web3 Foundation Grant. Standard Protocol strives to innovate as the next generation digital assets and prides itself on its global community growth approach.
➡️Source:
https://blog.standard.tech/standard-protocol-partners-showcase-decredit-3c2aaec2de2c
