VYLON Full Documentation
  • 🌟 Introduction
  • 🔑 Key Features
  • ⚙️ How It Works
  • 💎 Tokenomics
  • 🔒 Security & Compliance
  • 🚀 Roadmap
  • 🎯 Conclusion
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⚙️ How It Works

For Borrowers:

  1. 🏦 Connect a crypto wallet and verify identity (optional for off-chain data).

  2. 🤖 AI assesses creditworthiness and assigns a reputation score.

  3. 📜 Loan terms are generated based on the score and risk profile.

  4. ✅ If accepted, the smart contract disburses funds instantly.

  5. 🔄 Borrowers repay loans on time to improve their reputation score.

For Lenders:

  1. 💸 Deposit funds into liquidity pools.

  2. 🏦 AI matches funds with borrowers based on risk tolerance.

  3. 💰 Interest earnings accumulate dynamically based on loan performance.

  4. 🔄 Withdraw funds and rewards anytime.

🛠️ Smart Contract Functionality

  • 🔍 Loan Issuance: Automated lending based on AI risk assessment.

  • 🔐 Fund Management: Secure storage and transfer of assets.

  • 📊 Reputation & Scoring: Decentralized credit scoring mechanism.

  • ⏳ Repayment Tracking: Automated reminders and penalty enforcement.

  • ⚠️ Risk Management: AI adjusts loan terms and interest rates based on borrower profiles.

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Last updated 4 months ago