The merger of Credefi and Brickken marks an innovative step into the realm of real-world asset-backed lending. This partnership implies the use of tokenized assets in decentralized finance.
RWA-Backed Lending Without Gatekeepers
The partnership between Credefi and Brickken allows for the integration of tokenized assets on Credefi’s platform for borrowing and lending, using real-world assets as collateral. Users can set their loan conditions, including amount, APY, duration, and collateral. The system offers greater flexibility and transparency for borrowers and lenders.
What Are Marketing Pools and Why They Matter
To support the launch of new assets in Credefi's ecosystem, marketing pools have been introduced as a dual mechanism for rewards and onboarding new tokens. A total of $2,500 is allocated for rewards for participants who stake tokens for 30 days. This fosters initial user engagement and increases awareness of the tokens.
About the Partners
Brickken is a provider of real-world asset tokenization solutions that comply with regulations worldwide. Credefi, on the other hand, is a pioneer in real-world asset lending, combining the flexibility of decentralized finance with the trust of traditional finance.
The partnership between Credefi and Brickken opens new opportunities for integrating real assets into decentralized finance while ensuring transparency and accessibility in lending.