Our Products

DeFiner currently offers two products (thus far) to embark on this new financial frontier.

  • Peer-to-Peer loans that are fully customizable
  • Savings Account with floating rate and the ability to borrow against your savings

The Peer-to-peer loan marketplace allows users flexibility in their lending or borrowing. Lenders are able to browse and fund proposed loans or make a loan offer. Those looking to borrow can also browse the offers or propose their own. Loans here are customizable. Select: the digital asset, collateral, terms, and interest rate.

Our savings account is perfect for people that are looking to deposit their crypto assets, earn compound interest, and deposit or withdraw any time. The savings interest rate is floating, depending on markets and the crypto asset deposited. For even more flexibility and leverage, users are able to borrow against their savings at any time.

Peer-to-Peer Lending Market:

For peer-to-peer loans, the minimum amount is $1000. (Users who want to test a smaller amount, please find a loan named "DeFiner Test" on either the lending or borrowing market. Then click "Counter" to adjust the loan amount to any amount you are looking for.)

The general process:  

  • Borrower:
    • 2.1.1 Search for a loan on the market, or request a new loan with your own specs. 
    • 2.1.2 Once you accept a loan--or a lender accepts your request--escrow your collateral (which is held on the loan's DeFiner smart contract).
    • 2.1.3 Repay your loan on time, and, when fully paid, reclaim the collateral.
    • Lender
      • 2.2.1 Review available loan requests on the market, or offer a new loan with your own specs. 
      • 2.2.2 Once a request is accepted and the borrower deposits his/her collateral, deposit your funds (which are held and distributed with the DeFiner smart contract).
      • 2.2.3 Receive repayment until loan is paid, upon which collateral will be returned to the borrower.
      Read more about taking out loans on DeFiner here.

        Savings Market

        Users can deposit and withdraw from their savings account at any time, for any amount they like. There are a variety of digital assets you can deposit. Learn which ones here.  

        To borrow against your savings account, loans can be any amount that you can adequately collateralize. 

        • Deposit
          • 3.1.1 Review the coin market and select the coin you have. 
          • 3.1.2 Deposit your coins into your DeFiner savings account and start to earn.
        • Borrow
          • 3.2.1 Review the coin market and deposit the coin you have. 
          • 3.2.2 Review the coin market and select the coin you want to borrow.
          • 3.2.3 Review the terms and initiate the loan.

        Read more about the DeFiner savings account here.


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        Related articles: 

        What assets are available on DeFiner?

        What are the fees for using DeFiner?