DYOR Crypto Wiki
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After great community collaboration DYOR has rebranded into CryptoWiki.me 🥳 a moment to celebrate!

From now on all new information will be added within the CryptoWiki.mecommunity website! No longer over here. So be sure to move over to stay on top of new research developments!

Same content - better & cleaner experience 🤝

DYOR started out in 2015 on Fandom and has now grown to ~3500 pages on CryptoWiki.me 🤩

All the information that you can find in these pages is public knowledge with sources provided. The community is encouraged to add truthful and unbiased entries to further this body of work.

Follow @cryptowiki_me on Twitter to be up to date on pages being created or edited.


 Basics

  • Aka Libra Credit
  • Started in:
  • Mainnet release:
  • Based in: San Francisco and Shanghai. Registered in Singapore.
  • A decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain.

History

Token

Launch

Token allocation

53% Team, 47% investors.

Utility

"LBA is a global utility token that gives customers exclusive access our premium financial services. Get better interest rates, priority status on new platforms, community access, and more."

"The native LBA token of the Cred Network is used to verify users, collateralize loans, and execute payments."

Token Details

Stablecoin

Tech

Transaction Details

How it works

"Cred manages a KYC'd lending service that partners with decentralized exchanges like Radar Relay and DDEX to provide liquidity and and handful of traditional banking institutions to service loans. Borrowers and lenders can use the Cred network to search for competitive rates and loans unavailable to them through traditional financial services."

Staking

Other Details

Privacy Method being used

Oracle Method being used

Their Other Projects

"Cred is a founder of the Universal Protocol Alliance (the UP Alliance), a coalition of the world’s leading blockchain companies solving some of crypto’s hardest challenges."

DEX

Governance

From Messari (8-6-2020): Direct On-Chain Vote. No decentralized treasury.

DAO

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs

Usage

  • Has secured over $300 million in lending capital.

Projects that use or built on it

  • According to this article (10-12-2018):

Uphold, Acre and Heleum

Pros and Cons

Pros

Cons

Competition

Coin Distribution

Team, Funding, Partnerships, etc.

Team

  • Full team can be found here (8-6-2020).
  • "Founded by former PayPal veterans"
  • Dan Schatt, Co-Founder of Cred

Funding

Partners 

  • From this article (29-5-2019)

"[Binance] announced an agreement to work together to spur the decentralization of finance. As part of the agreement, Cred will migrate a portion of its ERC20 LBA tokens to Binance Chain and will become the official lending and borrowing platform for the DeFi ecosystem."

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