 | Interest Protocol (IPT)ICO Interest Protocol (IP) is the first fractional reserve banking protocol on the Ethereum blockchain that pays interest to all depositors. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Interest Protocol
Interest Protocol issues a stablecoin, named USDi, that is both over-collateralized and highly scalable.
USDi holders automatically earn yield without having to stake, which means Interest Protocol provides yield opportunities to gas-conscious users.
Compared to lending protocols without fractional reserves, Interest Protocol can generate more loans from a given amount of capital while incurring less liquidity risk.
Every lending protocol has four key components:
- Users depositing capital
- Users posting collateral & borrowing capital
- Maintaining the peg with an interest rate system.
- Preventing a depeg with a liquidation system.
Interest Protocol improves upon each component to create an efficent and decentralized credit market.
DetailsPublic sales: Sep 19, 2022 - Sep 20, 2022Token supply: 100,000,000 IPT Total tokens for sale: 35,000,000 IPT LegalBlockchain Platform: EthereumRegistration country: United States Registration year: 2021 Office address: 515 N State St, Chicago, Illinois 60654, US | Token infoTicker: IPTType: Utility-token Token standard: ERC-20 Token price in USD: 1 IPT= 0,25 USD Accepted currencies: USDC Token distribution: 35% - Public 30% - Team 10% - Liquidity Program 5% - Delegates 20% - Treasury |
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