Energ_dev
03-06-2022, 03:07 PM
Hello, Hi.
Today we are going to talk about how you can fuck up the system and cheat a Canadian cryptocurrency company.
And so, let's start by talking about what crypto credit is, the idea itself is not new anymore and already the canvas is taking its share of the crypto market.
How does it work?
The main difference between DeFi and the traditional financial system is the absence of a centralized management body. Working in this format allows you to do away with many of the details that banks are accustomed to. Let's compare the processing of loans in a traditional credit organization and in the DeFi protocol.
Credit History
Bank: Necessary.
DeFi: Not necessary.
Privacy Level.
Bank: Low. The bank asks for identification documents. At the same time, information about the client can be stored in its database for years.
DeFi: High. Many decentralized protocols allow users to remain anonymous.
Speed of processing.
Bank: Low. It takes time to check documents and analyze client's credit risks. In some cases, it takes more than a day for a decision to approve a loan.
DeFi: High. It is possible to get a loan in a few minutes.
Availability.
Bank: Low. Banks are selective in selecting clients for a loan. Bad credit history and other nuances can be a reason for refusal.
DeFi: High. Almost anyone can get a loan in the decentralized protocol.
Benefit.
Bank: Low. Traditional banks charge high interest rates.
DeFi: High. Decentralized protocol lending offers benefit from low fees.
It is important to clarify that in the case of the decentralized finance market, the system can automatically fix the terms of the loan using smart contracts. This approach greatly speeds up the work and avoids mistakes made due to human error.
So now we understand what's what, let me tell you about one interesting company https://finside.io/en - it is a P2P platform for lending in different currencies. They interested me by the fact that they have a non-standard mechanism of crediting the trick is that you do not need to replenish the internal account of the platform, they work with a blockchain wallet. You link a blockchain wallet to the platform through blockchain API, one of the conditions is that you need to have a positive balance on your wallet account of 20% of the loan amount that you were approved.
In fact, what should I do to get the cherished dough?
Stages:
1.KYC - identity verification, relatively simple (no selfies, you need to upload a photo...).
2.Application for a loan - here everything is not very clear, try to apply for small amounts for example $ 5k. Approved? Close your application and submit a 10k.
3.Withdrawal of money - a little earlier we prepared a blockchain wallet and funded it for the right amount. We enter the data and confirm the soap.
4.When we have the cache we do a trick with our ears and transfer the money to another account. Then divide it into small amounts and throw in the mixer.
5.Buying monero, waiting - then withdraw money to e.g. eth (all this is done in small parts).
What's needed:
1.VPN,RDP
2.***** DOC (USA)
3.Blockchain acc (balance min:600$)
4.Wasabi Wallet (here the money from the blockchain)
==============================================
My telegram @V0yager_one
Today we are going to talk about how you can fuck up the system and cheat a Canadian cryptocurrency company.
And so, let's start by talking about what crypto credit is, the idea itself is not new anymore and already the canvas is taking its share of the crypto market.
How does it work?
The main difference between DeFi and the traditional financial system is the absence of a centralized management body. Working in this format allows you to do away with many of the details that banks are accustomed to. Let's compare the processing of loans in a traditional credit organization and in the DeFi protocol.
Credit History
Bank: Necessary.
DeFi: Not necessary.
Privacy Level.
Bank: Low. The bank asks for identification documents. At the same time, information about the client can be stored in its database for years.
DeFi: High. Many decentralized protocols allow users to remain anonymous.
Speed of processing.
Bank: Low. It takes time to check documents and analyze client's credit risks. In some cases, it takes more than a day for a decision to approve a loan.
DeFi: High. It is possible to get a loan in a few minutes.
Availability.
Bank: Low. Banks are selective in selecting clients for a loan. Bad credit history and other nuances can be a reason for refusal.
DeFi: High. Almost anyone can get a loan in the decentralized protocol.
Benefit.
Bank: Low. Traditional banks charge high interest rates.
DeFi: High. Decentralized protocol lending offers benefit from low fees.
It is important to clarify that in the case of the decentralized finance market, the system can automatically fix the terms of the loan using smart contracts. This approach greatly speeds up the work and avoids mistakes made due to human error.
So now we understand what's what, let me tell you about one interesting company https://finside.io/en - it is a P2P platform for lending in different currencies. They interested me by the fact that they have a non-standard mechanism of crediting the trick is that you do not need to replenish the internal account of the platform, they work with a blockchain wallet. You link a blockchain wallet to the platform through blockchain API, one of the conditions is that you need to have a positive balance on your wallet account of 20% of the loan amount that you were approved.
In fact, what should I do to get the cherished dough?
Stages:
1.KYC - identity verification, relatively simple (no selfies, you need to upload a photo...).
2.Application for a loan - here everything is not very clear, try to apply for small amounts for example $ 5k. Approved? Close your application and submit a 10k.
3.Withdrawal of money - a little earlier we prepared a blockchain wallet and funded it for the right amount. We enter the data and confirm the soap.
4.When we have the cache we do a trick with our ears and transfer the money to another account. Then divide it into small amounts and throw in the mixer.
5.Buying monero, waiting - then withdraw money to e.g. eth (all this is done in small parts).
What's needed:
1.VPN,RDP
2.***** DOC (USA)
3.Blockchain acc (balance min:600$)
4.Wasabi Wallet (here the money from the blockchain)
==============================================
My telegram @V0yager_one