Market cap
$294.56K
-0.11 %
Volume (24h)
$35.65K
-0.11 %
Circulating supply
2,064,096 SMARTCREDIT
Total supply
25,000,000 SMARTCREDIT
Max. supply
25,000,000 SMARTCREDIT
SmartCredit Token (SMARTCREDIT)
$ 0.13
-0.11 %
Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$294.56K
Volume 24h$35.65K
Circulating supply2.06M8% of max 25M
All-time high$10.15-99% from peak · 2021-02-12
SmartCredit Token (SMARTCREDIT) is the utility token of the SmartCredit platform, a decentralized finance project focused on peer-to-peer lending and borrowing. In simple terms, it's designed to power a system where users can lend out crypto or take loans without going through a traditional bank. The token has a hard cap of 25,000,000 coins, meaning no more will ever be created.
Frequently asked questions
What is SmartCredit Token and how is it different from Bitcoin?
SMARTCREDIT is a utility token tied to the SmartCredit lending platform, while Bitcoin is a general-purpose digital currency and store of value. SMARTCREDIT exists to support functions within a DeFi ecosystem, such as accessing lending and borrowing services. Its supply is capped at 25 million coins, compared to Bitcoin's 21 million.
How does the technology behind SmartCredit Token work?
SmartCredit operates as a decentralized finance application, using smart contracts to connect lenders and borrowers directly without intermediaries. Loans are typically secured by collateral in crypto, and the terms are enforced automatically by the code rather than by a bank. The SMARTCREDIT token interacts with this system as the platform's native asset.
How is the token supply and emission structured?
SMARTCREDIT has a hard cap of 25,000,000 tokens, which means the total supply can never exceed this number. This fixed maximum is written into the token's code and cannot be changed arbitrarily. A capped supply is often used to prevent inflation from endless new issuance.
Where and how can you store and use SMARTCREDIT?
As an Ethereum-based token, SMARTCREDIT can be stored in any wallet that supports ERC-20 tokens, such as MetaMask, Trust Wallet, or a hardware wallet like Ledger. Within the SmartCredit platform, the token is used for interacting with the platform's lending services. Always double-check the contract address before transferring to avoid fake tokens.