Krediton TMA Lending Tool (KLT) allows collection owners (CO) to easily integrate a lending tool exclusive to their collection's NFTs. Krediton seemlessly customises the KLT for a specific collection, which the CO can integrate into their existing community tools.

How it works:

CO creates an account on Krediton B2B platform. Using a streamlined no-code process, CO builds their own smartcontract-based KLT TMA which they integrate into their existing infrastructure. CO then replenishes their own KLT TON pool (secure by design, with NO external access to funds) from which their holders can obtain automated lending using their NFT as collateral, with a fixed term return.

CO thus gains the following advantages:

providing holders with a useful lending service, while easily managing risk (in case of non-repayment, they recover their own NFT);
lending terms (loan amount, repayment deadline, interest) can take into account the collection's specifics: tier, holder's status (wealth) and any other NFT attributes.

Krediton takes a small fixed per-loan fee plus a percentage of profits resulting from KLT use (interest). All other profits go directly to CO.

To the attention of The Open League Hackathon jury!

Instructions for the demo version

Connect your testnet wallet.
Go to Lender Section to make a profit-generating deposit.
Go to Borrower Section to get a loan against an NFT collateral.

Lender Section (Investor)

Go to the "Make a deposit" section, enter the desired amount of TON to deposit.
Click the "Deposit" button and confirm the transaction in your connected wallet.
In this version of the app, the transaction processing is not instant. You will need to open the application again after a few minutes to see the updated balance. You can proceed to test the "Borrower" section in the meantime.
In response to the transaction, you will receive LPT tokens (analogous to LP tokens on DEX) to your wallet. Initially, 1 LPT is equal to 1 TON, but as you earn interest from loans, LPT becomes more valuable in terms of TON.

Borrower Section (Loan Taker)

Go to the "Take a loan" section, select an NFT as collateral.
Click the "Get 0.5 TON" button and confirm the transaction in your connected wallet.
In response to the transaction, you will receive 0.5 TON to your wallet.
Similar to the lender section, the transaction processing is not instant in this version of the app. You will need to open the application again after a few minutes or click the "Reload" button to see the NFT you pledged.
To redeem your NFT, click the "Redeem" button and pay back the loan amount plus interest by confirming the transaction in your wallet.

Krediton token $KRDT

🔶 $KRDT stakers have access to bonuses and privileges within the Krediton system (tier system), as well as a distribution of a portion of the platform's service income.

🔷 $KRDT is an inflationless token with fixed supply and owner rights revoked. Also, a portion of Krediton's income goes towards supporting liquidity, thereby ensuring continuous growth for all holders.

KRDT Tokenomics:

Total supply: 10,000 $KRDT

ICO - 3,000
Listing - 2,000
Team - 2,000
$LRT Collateral - 2,000
Audits and Marketing - 1,000

(Subject to revision prior to ICO.)

Krediton TMA Lending Tool

To the attention of The Open League Hackathon jury!

Links

Instructions for the demo version

Krediton token $KRDT