Introducing 7up.finance: Filecoin Lending & Investment Platform on Binance Smart Chain

Huge Needs for FIL Tokens

The creation of 7up.finance

How to Mine 7UP Tokens?

7UP Tokenomics

  • 50% of the total supply will be mined through borrowing throughout a 30-day period.
  • 30% of the total supply will be mined through liquidity provision for 7UP trading pairs.
  • The remaining 20% belongs to the team for its contribution to the ecosystem.

Handling Fees on the Platform

How to Borrow Assets on 7Up?

Related Parameters and Explanation

  • When the Current Borrow-to-Deposit Ratio is lower than the Max. Borrow-to-Deposit Ratio, the user is able to borrow more assets until the Current Borrow-to-Deposit Ratio equals the Max. Borrow-to-Deposit Ratio.
  • When the Current Borrow-to-Deposit Ratio is higher than the Max. Borrow-to-Deposit Ratio, the user can lower the liquidation risk by adding more assets to collateral and lowering the Current Borrow-to-Deposit Ratio.
  • When the Current Borrow-to-Deposit Ratio equals the Liquidation Limit, the user’s liquidable assets will be injected into the liquidation pool, available for any depositor to liquidate.

Liquidation rules

Where to find us?

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7up.finance

7up.finance

DeFi lending & investment platform for Filecoin. Find us on http://7up.finance/