Yunus Defi loop is a lending and borrowing platform , it is one of its kind with a known CEO, Muhammad. This platform is just a year old and recently introduced to Africa. It has created opportunities to make huge amount of money with little capital. This is the only platform you can invest with as little as 1 usdt but the higher your capital, the higher your profit. To start lending or borrowing Coins in Yunus Loop def, you must have to be a registered member and have funded your account.
Register with this link
https://www.yunusloopdefi.com/?upper=1715277550843826178
How to borrow money in Yunus Loop DeFi?
Platform lending tokens are constant for USDT
- Enter the amount you need to borrow on the borrowing page, select the type of token you need to pledge (TRX or ETH)
- After you select the borrowing period, the system will automatically calculate the number of tokens you need to pledge.
After you make sure the amount of tokens in your wallet is sufficient, - And click submit the loan application order, the smart contract will automatically deduct the corresponding pledged tokens from the user’s wallet address and send the USDT that matches the borrowed amount to the user’s wallet address.
- The borrowing period is the same as the platform circulation period rules, which are 1 day, 7 days and 17 days respectively.
- If the user chooses to borrow money for 1 day, the specified token (TRX or ETH) of the corresponding value USDT1.1 times shall be mortgage, and the percentage of the daily fund supply dividend payable shall be 1%.
- When the user chooses to borrow for 7 days, the specified token (TRX or ETH) of the corresponding value of USDT1.3 times shall be pledged as a daily supply dividend of 1.5%
- If the user chooses to borrow for 17 days, he/she is required to pledge the designated token (TRX or ETH) of the corresponding value of USDT1.5 times and the percentage of the daily fund supply dividend payable is 2.0%.
Example:
User A needs to borrow 1000 USDT, current TRX price is 0.052
User A enters 1000 USDT in the borrowing quantity field, selects the pledge token as TRX, and selects a borrowing period of 1 day.
Then user A needs to pledge TRX worth 1100 USDT = 21108.62 TRX and repay 1000 USDT * 101% = 1010 USDT after 1 day to redeem the pledged token.
User A enters 1000 USDT in the borrowing quantity field, selects the pledged token as TRX, and selects a borrowing period of 7 days.
The user needs to pledge TRX worth 1300 USDT = 24946.55 TRX and repay 1000 USDT * 110.5% = 1105 USDT after 7 days to redeem the pledged token.
User A enters 1000 USDT in the borrowing quantity field, selects the pledged token as TRX, and selects a borrowing period of 17 days.
Then user A needs to pledge TRX worth 1500 USDT = 28784.48 TRX and repay 1000 USDT * 134% = 1340 USDT after 17 days to redeem the pledged token.
Yunus Loop DeFi contract
Application Scenarios and Common Borrowers:
Yunus Loop smart contract users who participate in borrowing are mostly institutions engaged in short-term cryptocurrency contract trading or a large number of cryptocurrency holders. This is also a reform carried out after analyzing the application scenarios of traditional lending and finance and the social impact brought by it. By providing funds to institutions and people engaged in short-term cryptocurrency trading,
Yunus Loop smart contract users will be able to borrow money. Improve the security of borrowing and guarantee the return on investment of capital suppliers, and reduce the problem of the general population’s inability to repay the loan and the low efficiency of the use of funds. To ensure a sustainable and healthy flow of funds to ensure the mutual benefit of both the providers and the demanders.
Yunus Super DeFi
The Yunus Loop DeFi founding team will launch Yunus Super DeFi around October 10th to October 15th.
Yunus Super Defi is the core part of the Yunus Loop DeFi ecosystem and plays an important role as an outlet for issuing tokens. The launch of this feature marks the upgrade and evolution of Yunus Loop Defi, aiming to provide users with more investment and trading opportunities.
Yunus Super Defi is a 30-day Loop DeFi project, and we will issue 110 million YNS tokens through Super Loop. Users participating in Super Loop can not only enjoy up to 49.5% of the 30-day circulating USDT income, but also receive additional YNS token rewards.
The opening period of Yunus Super Defi will last for up to two months. This is a time of excitement and opportunity. The main goal of this phase is to release 110 million Yunus tokens to create more opportunities for our community. When the tokens are released, the community will launch the Yunus mixing service and start repurchasing Yunus tokens.
This is a great opportunity to help you realize more return on your investment! ! !
Summary :
Yunus wallet will be successfully released to the Apple Store and Google Mall around October 25th.
Yunus Wallet = The most secure crypto wallet in the world.
Yunus wallet official website = https://index.yunus.network
Super Loop Defi will be online from October 10th to October 15th
How to obtain Yunus tokens = Obtained by participating in Super Loop
- Super Loop = 49.5% return rate in 30 days
- Super Loop = open for 60 days
- Yunus token issuance pricing: US$0.2 each
- Total amount of Yunus tokens released: 110 million
- Yunus token release pool 110 million: TK7qvMQfiPKxds8xNkpRKfBNU8oE9TWDqY
- Yunus Token White Paper Link: https://yunus.network/Yunus-WhitePaper.pdf
Yunus Loop DeFi Protocol Features
- Fund supply: The money market liquidity pool model is adopted, and different underlying assets correspond to different money markets.
- Matching mode: smart contracts automatically match, no need for lenders, borrowers negotiate interest, borrowing time, etc.
- Interest-recording time unit: one TRON block, about 3 seconds.
- Loan method: real-time automatic loan, as long as the lender holds USDT, they can automatically enjoy the interest.
- Borrowing method: Borrowing and repaying at any time, the borrower can realize short-term borrowing as long as he holds TRX or ETH, as long as the mortgage asset value “mortgage factor > loan asset value + accumulated interest, he can continue to borrow.
- Lending/borrowing rate: floating rate, automatically calculated by the Yunus Loop DeFi smart contract based on market supply and demand.
- Liquidation mechanism: If the value of the borrower’s mortgage assets is lower than the liquidation threshold, the Yunus Loop DeFi smart contract will automatically initiate liquidation.
Yunus Loop DeFi Core Logic
- The lender/borrower deposits assets into the money market of the Yunus Loop DeFi smart contract, and the assets deposited by the lender/borrower are the underlying assets.
- Lenders who deposit assets USDT into the money market of Yunus Loop DeFi can enjoy lending interest income.
- After borrowers over-collateralize their assets, they can borrow from the corresponding market in Yunus Loop DeFi. Unlike P2P lending, borrowers do not need to negotiate with lenders. As long as the liquidity of the corresponding token market is sufficient, the Yunus Loop DeFi smart contract will automatically match. The borrowing rate is determined in real time by the Yunus Loop DeFi smart contract based on the market’s supply and demand for funds. In the same block, the same token borrowing rate is the same for all borrowers.
- Yunus Loop DeFi accumulates borrower interest based on the number of blocks.
- The borrower can repay the loan at any time.
- If the value of the borrower’s mortgage assets is lower than the liquidation threshold, the Yunus Loop DeFi smart contract will automatically initiate a liquidation operation.
- Money market smart contract The money market in the Yunus Loop DeFi protocol is based on money market smart contracts. By using this smart contract, people can interact with the Yunus Loop DeFi protocol.
Smart Funds Return Function
- The Yunus Loop DeFi smart fund return function transfers the user’s assets from the currency market back to the user, which has the effect of reducing the supply balance of the user in the protocol. The function is as follows:
LTRC20/LTRX/LERC20:
function redeem(uint redeemTokens) returns (uint)
