Lending

Deposit and lend any of the listed coins in your Walletreum wallet for a required period to earn the relevant reward percentage depending on your acquired time package

Walletreum

How lending works?

Lending is the simple concept to offer loans to borrowers for a specific period of time and earn interest on your holding. Walletreum team has introduced the new concept of lending based on “ALGON” considering the fact that how to secure the value of deposited assets of lenders in a bear market. ALGON will play the role of fund manager for the lenders and any asset you lend at Walletreum will not depreciate up to 9% fall of a crypto asset in stable value even in the bear market.

  • Users can withdraw their earned interest daily anytime they want.
  • Users can unlock their lent assets before the lock period until 30 Nov 2020 without any fees.
  • The user has to pay a minimal fee to unlock the lent amount before the lock period ends. (After 30 Nov 2020)
  • The lender will not receive a referral commission if he unlocks the lent amount before the lock period ends.
  • Users can withdraw their funds anytime they want.

Note: IN BEAR MARKET, USER CAN WITHDRAW EQUIVALENT VALUE IN STABLE COIN-OR IN BANK, WHEREAS IN BULL MARKET, USER CAN WITHDRAW IN DEPOSITED CRYPTOCURRENCY.

Any asset you lend at Walletreum will not depreciate more than 9% of the deposited value. In case the market drops from the deposited price of the investor, the investor will receive 1% to 9% less amount of the total fixed asset value at the time of depositing and if the market rises, there will be zero deduction.

We have given the numerical example with assumed values for better understanding as follows:

Let assume the crypto-market drops:

User (X) deposit = 1 BTC

Price of BTC at the time of deposit = $ 10000

Locked amount = $10000

Locked time period = 3 months

Depreciation = 1% to 9% from the original amount in-case of market drop
(if market drops 10% = Amount depreciated 1% of $10000
if market drops 20% = Amount depreciated 2% of $10000)

Interest earnings = 20% yearly

Interest earning per month = 20 / 12 month = 1.66%

Now, if BTC price drops 20% at $ 8000 after 3 months at the end of the locked period then User(X) can withdraw instantly

Interest earnings after 3 months on $10000 = 1.66% * 3 * $10000 = $498

Amount depreciation on 20% market drop = 2% of $10000 = $200

User(X) will get =$10000 (invested amount) - $200 (2 % depreciation on 20% market drop) + $498(interest earning) = $10298 in stable coin

Walletreum vs Other Lending platforms

Product
Lending Interest Rate
Borrowers Interest Rate
Lenders/Borrowers
Deposit & Withdrawal
Benefit from Asset value Appreciation
Benefit from Asset value Depreciation
Token Benefits
Addtional Fees
Coverage
Walletreum
Safe & Flexible Loan
High up-to 130% APY
3.44% - 4.33% APR
Yield Farming
Instant
Yes
Yes
Dividends / Low Interest / Fix Supply
No
Worldwide
Other Lending platform
Installment & Other
Low APY
More than 7% APR
None
May take hours to day
Yes
No
Membership/ Discounts
Some have hidden fee
Worldwide