Introducing Interest Protocol Dinero Markets test net: stablecoin loans while farming your collateral

https://preview.redd.it/fqp40afkhgs81.png?2616&format=png&auto=webp&s=7bf4a99bc53d5c85e7f2954e393c776a651105e4

Dinero Market by Interest Protocol

We designed the Dinero Market to allow investors to borrow our synthetic stablecoin Dinero (DNR) while earning interest from their collateral. Interest Protocol will farm the loans´ collateral on PanckaSwap MasterChef and Venus. Investors will be able to use exotic assets such as LP tokens as collateral to borrow DNR while farming them on PCS, which decreases their loan cost. In the case of single assets such as Bitcoin and BNB investors, collateral will be farmed in Venus. In addition, we control the interest rate of DNR loans, which allows us to manipulate the cost of the loan to benefit the borrowers.

Our test net only has BTC as collateral but expects us to add other assets in the main net, including interest-bearing tokens and liquidity provider tokens. The users have to use the BSC test net through their Metamask wallets and click on the faucet in our Dapp to mint a test BTC to get a DNR loan.

• Test net link:

https://www.interestprotocol.com/dapp

Dinero Market test net

Please read our medium article to learn how to use it: https://medium.com/@interestprotocol/dinero-market-test-net-6bf3e234ddb8

Feedback form: https://forms.gle/aDP4wHvshLPKkKv97

For more information, check out the following links:

Discord: https://discord.com/invite/PJEkqM4Crk

TG: https://t.me/interestprotocol