TO THE WORLD
WITH CRYPTO
AND BLOCKCHAIN
SOCIAL LENDING
Over 2 billion people in the world are underbanked. These people do not have access to banking services and therefore, they can not save, invest, and even borrow money. This leads to a number of crimes and does not show any significant decline.
SHANTI aims to solve this problem using crypto and blockchain technology.
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01
FIRST STEP
Is to build a service that allows users to lend money to “anyone in the world” via “SHANTI platform”.
This is a financial service on the blockchain using what is now called the “DeFi” and “smart contracts”.
Ideally, it would be so much better to have two-way lending and borrowing, but for our first step, in order to provide a safe and secure service in terms of credit and collection, borrowers will be limited to use only the highly reliable financial institutions such as banks and crypto currency exchanges. Lenders can be anyone in the world. Our partners are all major financial institutions that you may have heard of. -
02
SECOND STEP
Is to use SHANTI’s network to expand the number of borrowers accepting institutions.
As demand for borrowing increases, interest rates will rise making lenders profitable.
At this stage, SHANTI is a governance token and will not function as a utility token. Specifically, lending will be done in high liquidity cryptos such as USDT and BTC.
SHANTI Token Economy
Before SHANTI will be used as an utility token, we will provide the following value to the holders:
- By holding SHANTI, the loan interest rate will increase depending on the amount.
- Borrowers will receive a preferential interest rate.
- Portion of the profits from the SHANTI platform will be used to buy back in the market and the acquired tokens will be burned.
This essentially deflates SHANTI.
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LIQUIDITY
When the liquidity of SHANTI becomes enough, we will develop a service where SHANTI can be exchanged for digital money and build a scene where SHANTI has a real monetary value, e.g., if you hold SHANTI, you can start to use it in McDonald’s or Starbucks.
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SHANTI, as a utility token, also has an inherently deflationary component. Specifically, we will burn a portion of the fees incurred in exchanging SHANTI for digital money.
After SHANTI is fully functional, social lending borrowers will be opened up, and those who do not have access to banking services around the world will be able to raise funds through SHANTI.
SHANTI aims to become one of the world’s leading blockchain companies by providing infrastructure for the exchange of social lending and digital money, with a projected usage of one billion people.
PARTNER
