Self—Repaying, Interest—Free Loans
The platform offers a unique loan service where interest from deposits automatically repays the borrowed amount, eliminating liquidation risk.
The platform offers a unique loan service where interest from deposits automatically repays the borrowed amount, eliminating liquidation risk.
IBNSCTrade allows users to deposit assets, take loans against them, and manage these with various options including withdrawals and additional borrowing.
Combining smart contracts with asset management strategies, the platform includes components like IBNSC Strategists, the Transmuter, synthetic assets, and the Elixir AMO.
This system enhances asset management with a borrowing mechanism, yield harvesting, debt repayment, and integration with the Transmuter.
IBNSCTrade prioritizes a fair launch approach, focusing on rewards for active contributors and avoiding external funding or investor token allocations.
The IBN token serves as a governance token for the IBNSCTrade DAO, with no intrinsic value guarantees.