👋Welcome to Debita Finance
Oracle-less peer-to-peer, fully customisable, onchain lending.
Debita Finance, despite being audited, is still in alpha stage.
Do your own research before utilising our contracts and dApp.
Introduction
Debita: A Decentralized P2P Lending Platform
The traditional lending system is flawed, characterised by high interest rates imposed by banks and financial institutions, leading to challenges in loan approval. As a result, individuals face difficulties in accessing the necessary capital for business expansion, homeownership, or unforeseen expenses.
Debita is an onchain decentralised peer-to-peer (P2P) lending platform that seeks to revolutionise borrowing and lending practices through the implementation of smart contracts, ensuring enhanced efficiency, transparency, and security, surpassing conventional lending platforms.
Our product allows users to collateralise any tokenised asset to borrow against it in a decentralised manner.
The loans are peer-to-peer with fully custom parameters: amount of tokens to be collateralised, amount of tokens to be borrowed, fixed interest and duration.
From LSTs to NFts to locked tokens, all assets have the same utility, unlocking liquidity that was otherwise out of reach.
We firmly believe that Debita has the potential to significantly impact the world by facilitating easier access to capital, and empowering individuals to achieve their aspirations. We eagerly anticipate the role our platform will play in shaping the future of DeFi.
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