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Average Ratings 0 Ratings
Description
Debifi offers a non-custodial lending platform backed by Bitcoin, enabling borrowers to access institutional-grade liquidity while maintaining control over their assets. Developed by a team of Bitcoin enthusiasts, it employs a stringent three-of-four multisignature escrow mechanism, where the keys are generated on an independent device, ensuring that Debifi never possesses them, and are shared among the borrower, lender, and trusted third-party signers to promote transparency and prevent collateral rehypothecation. Users can access a user-friendly app to set up dedicated escrow addresses on the Bitcoin blockchain, start loan agreements, and handle repayments directly with lenders. The platform integrates a variety of global liquidity sources to present flexible lending options ranging from short-term financial assistance to five-year loans in stablecoins or fiat, complete with adjustable loan-to-value ratios and competitive, risk-adjusted interest rates. Institutional lenders are safeguarded through over-collateralization, a structured margin-call system, and automated liquidation processes, ensuring a secure lending environment. This innovative approach marks a significant advancement in the realm of decentralized finance.
Description
Peer-to-peer lending platforms have firmly established themselves in the financial landscape, attracting a growing number of users who engage with them frequently. Both lenders and borrowers are drawn to these services due to their speed and convenience compared to conventional banks. They often offer attractive and competitive interest rates, particularly on blockchain-based platforms that operate without intermediaries. Enhanced security measures ensure the safety of collateral, as these platforms are built upon industry best practices and uphold recommendations from leading experts, notable models, and OWASP guidelines. The use of a distributed access management system further reduces the risks of hacking and wallet theft. Additionally, state-of-the-art blockchain technology underpins web development, while a two-step verification process adds an extra layer of security. With robust intrusion detection and prevention tools in place, the system is continuously monitored, ensuring multiple levels of protection that greatly diminish the likelihood of successful attacks. Furthermore, a sophisticated DDoS attack mitigation strategy is implemented, making it resilient to various forms of attack complexity. This comprehensive approach exemplifies the commitment of these platforms to safeguard their users and foster a trustworthy lending environment.
API Access
Has API
API Access
Has API
Integrations
Bitstamp
BitGo
Bitcoin
Bitfinex
Epoch
HitBTC
Kraken
Liquid Network
Poloniex
Integrations
Bitstamp
BitGo
Bitcoin
Bitfinex
Epoch
HitBTC
Kraken
Liquid Network
Poloniex
Pricing Details
Free
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Debifi
Founded
2021
Country
Switzerland
Website
debifi.com
Vendor Details
Company Name
LendaBit.com
Founded
2018
Country
China
Website
lendabit.com