❓Why DecentraCredit

DecentraCredit is different from existing crypto lending platforms and inherently safe from the vices which led to collapse of several well-known lending platforms, like Celcius and Blockfi.

Cryptocurrencies, for example, Bitcoin, were created with a sole purpose in mind, if you study the whitepaper of Satoshi, and that is decentralisation; decentralisation of finance and making an open economy where people and not the institutions run the show.

However, with time, somehow, the crypto industry lost its way and we can see centralisation everywhere. Well, almost everywhere. At least, certainly in how crypto-based lending systems work.

That sad state of affairs led us to design DecentraCredit. A platform which aims to bring Satoshi's dream one step closer to reality, by altering how the crypto-based lending system works.

By giving back the power to define terms and conditions of the transaction to the users, and not holding that power centrally ourselves, we believe we are starting a new era of how crypto-based lending system. This is how, we strongly believe, Satoshi and other visionaries of the cryptocurrency domain must have envisioned the system.