Give you control over amounts, rates, and terms.
We’re the only P2P lending platform in the world to offer this (as far as we know).
Novice investors, new customers, and those who need access to their money
Novice investors, new customers, and those who need access to their money
Experienced investors who can commit to a fixed term for a better rate
Experienced investors who can commit to a fixed term for a better rate
Long-term cryptocurrency holders who want to earn a return on their idle assets
Long-term cryptocurrency holders who want to earn a return on their idle assets
Anyone from novice to experienced investors who want a shot at winning cash prizes—up to 10 million USD
Anyone from novice to experienced investors who want a shot at winning cash prizes—up to 10 million USD
Like the rest of the world, we’d experienced first-hand the problems with traditional banking. The miserable interest rates, the huge fees, the slow, inefficient systems…
So, we began thinking about how we could pay a great interest rate on our stablecoin.
Digital currencies are versatile. They move quickly, freely, and are protected by the blockchain technology underpinning them – surely we could put those efficiency savings to work?
After a lot of discussion, we set our sights on an industry that – until now – has had a mixed reputation: peer-to-peer (P2P) lending.
The problem with P2P lending, as we saw it, was too much centralization and too little use of collateral. P2P lenders were doing what banks did – setting rates, evaluating risk, and so on. Ultimately, this takes control away from you, the customer.
So, we built a P2P lending platform that would do two things:
We’re the only P2P lending platform in the world to offer this (as far as we know).
This protects your funds and means we never do credit checks.
Unlike traditional P2P platforms that prey on vulnerable borrowers and expect investors to shoulder the risk, MyConstant is designed to protect them both.