Lendbit Finance | Docs
HomeApp
  • Introduction
    • Overview
    • Core Features
    • Supported Assets
    • Long-term Goals
  • Getting Started
    • Platform Overview
      • How to Join
      • Marketplace Navigation
  • Core Terms
  • Lending on LENDBIT
    • Creating a Lending Pool
    • Setting Lending Terms
    • Managing Lending Pools
  • Borrowing on LENDBIT
    • Creating a Borrow Order
      • Depositing Collateral
    • Loan-to-Value (LTV) Ratios
      • Health Factor
    • Repayment Process
  • Flexible Lending Pools
    • Pool Flexibility
    • Borrower Allocation Percentages
    • Benefits of Flexible Pools
  • Architecture Diagrams
  • Frequently Asked Questions (FAQ)
    • Lending-related Questions
    • Borrowing-related Questions
    • Platform Fees and Policies
  • Contact and Support
Powered by GitBook
On this page
  1. Introduction

Long-term Goals

One of the long-term objectives of LENDBIT is to establish a decentralized credit score system. This system will curate and authenticate users' credit data both on-chain and off-chain, providing a reliable source of financial reputation that can be used across different financial ecosystems.

PreviousSupported AssetsNextGetting Started

Last updated 7 months ago