Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Fortress allows investors to engage in lending and borrowing cryptocurrencies by providing an overcollateralized amount of crypto to the platform. This system empowers investors to lend their assets while earning a compounded annual percentage yield (APY), funded by those who borrow. The platform operates using money markets, which are collections of assets that feature algorithmically determined interest rates that fluctuate based on supply and demand. Users can lend or borrow assets on Fortress and either gain or incur interest without the need to negotiate terms such as maturity dates, interest rates, or collateral with others. Additionally, Fortress enhances its offerings by introducing a synthetic stablecoin known as FAI, which further diversifies the financial opportunities available to its users. This innovative approach simplifies the lending and borrowing process, making it accessible and efficient for all participants.
Description
Let your cryptocurrency generate returns for you through a platform that is both licensed and regulated, offering instant loans alongside lending and borrowing options. Our marketplace is designed to accurately reflect real supply and demand, enabling users to discover the most favorable terms for their loans and deposits. With automated collateral and money flow management, engaging with our platform is not only quick but also user-friendly. All loans available on Squilla are secured with collateral, and we maintain low origination fees to ensure borrower satisfaction. We prioritize security by consistently conducting audits and penetration testing with the help of industry experts. To guarantee maximum protection, 100% of the collateral is kept in multi-signature cold storage. Our platform employs military-grade security measures, including 256-bit encryption, to safeguard against potential threats. Squilla Loans also offers fixed interest rates, which shield lenders by locking in their rates even if the market experiences a downturn. Additionally, Squilla Loans is designed for ease of use, requiring no prior knowledge of decentralized finance protocols, thereby providing an exceptional user experience. This combination of security, usability, and favorable terms makes Squilla an ideal choice for cryptocurrency enthusiasts.
API Access
Has API
No
API Access
Has API
No
Integrations
BNB Smart Chain (BSC)
Yes
Changelly
No
MetaMask
Yes
Paxos Crypto Brokerage
No
Polygon
Yes
Integrations
BNB Smart Chain (BSC)
No
Changelly
Yes
MetaMask
No
Paxos Crypto Brokerage
Yes
Polygon
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Fortress Lending
Website
fortress.loans/
Vendor Details
Company Name
SQUILLA
Founded
2018
Country
United States
Website
squilla.loans/