💡Interest Free DeFi
Our DNA.
RADE is a termed peer to peer Lending and Borrowing platform, providing interest free borrowing based on cost-plus financing model. RADE's Ecosystem consist of Liquidity Pool which Lenders & Borrowers are connected and governed by RADE’s smart contracts. RADE works on a Interest-Free Cost-Plus financing model where by the repayment is against a borrowed capital plus a one time platform fee. The platform does not impose interest to the portion of the lending transaction and thereby does not influence a compounding portion to indefinitely repay.Borrowers pay only the total borrowed capital and a one time borrowing fee, which will in turn, be partly distributed to the Liquidity Providers/Stakers.
Keep a eye on this space. More information will be added soon.