Qubit — a decentralized money market platform that takes advantage of the speed, automation and security of the blockchain to connect lenders and borrowers effectively.
About the Qubit project
Qubit's developers strive to make money markets a safe commodity for the entire BSC ecosystem. Consequently, Qubit does not charge withdrawal fees that have discouraged innovative applications of more sophisticated leveraged strategies on BSC. Firstly, the project does not support flash credits, which removes from the platform one of the most serious sources of insecurity in the entire ecosystem. Secondly, the Qubit team will fully support vertically integrated code analysis and full auditing for all projects.
Finally, Qubit is the latest in a growing suite of connected products, being developed by Mound to grow the PancakeBunny ecosystem. As a yield aggregator, PancakeBunny will take full advantage of Qubit to provide the best return on the chain for single asset liquidity.
At launch, the site will support the following money markets:
| 2. | Bitcoin (BTC). |
| 3. | Ethereum (ETH). |
| 4. | Binance Coin (BNB). |
| 5. | USD Coin (USDC). |
| 6. | Tether (USDT). |
| 7. | Binance USD (BUSD). |
| 8. | Dai Stablecoin (DAI). |
| 9. | PancakeSwap token (CAKE). |
| 10. | MDEX token (MDX). |
Users can deposit assets into the liquidity pool to start earning interest and fees on these deposited assets. To participate, first of all, click "Connect wallet". Next, select a wallet to connect. Select the market to which you want to supply the goods in the Supply Markets section. You can click the collateral switch to deposit assets or do it later. If you do this later, the collateral switch is a separate transaction. Enter the amount you want to wager and click "Delivery". Confirm the transaction in your wallet. View an updated dashboard with new net APY, supply balance and markets.
More information about crypto coin dapp
Please, use the Whitepaper for more details. Also, the developers maintain a Medium blog, where articles with news are available. There are future updates in RoadMap.
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Smart contract audit is available here.