cNFT benefits for user
cNFT Level | Free Claimable CREDA (Locked) Token as % of Credit Score | Increased Saving Rate (based on Credit Score) | Reduced Borrowing Rate (based on Credit Score) |
---|---|---|---|
None | 10% | 0% | 0% |
1 | 14% | +1% to +2.5% | -1% to -2.5% |
2 | 20% | +2% to +5% | -2% to -5% |
3 | 28% | +5% to +7.5% | -5% to -7.5% |
4 | 38% | +7.5% to +10% | -7.5% to -10% |
5 | 50% | +10% to +15% | -10% to -15% |
A cNFT that is burned within 90 days of minting will receive back locked CREDA tokens A cNFT that is burned after 90 days of minting will receive back unlocked CREDA tokens
Last updated