The loan-to-value ratio is the related difference between the loan amount and the current market value of the collateral. The higher the LTV, the more loan funds you will receive, but at the same time the margin call will be higher.
The loan term depends only on your wish to buy your collateral back and close this loan or on reaching the liquidation limit.
Interest rate is accrued every month from the moment of getting the loan and is paid at the moment of full or partial repayment of the loan
We make it easy to get and manage your crypto loan.
Set up your loan using Ontology as a collateral option, then confirm it with your phone number as the main contact channel and your payout stablecoin address where you’d like to receive your funds.
Send us the collateral and we will send you the loan amount onyour payout address without any delays and additional checks.
Use your loan as long as you want. We will just draw your attention on the rate of your collateral currency in time.
At any moment you can pay your collateral back. To do this, you need to pay the full price of Repayment, and when we get it, we return your collateral.
Ontology Coin is the cryptocurrency that powers Ontology, a high performance blockchain that focuses on solving issues related to identity security and data integrity(making sure data remains accurate and consistent).
A ONT loan is the loan borrowed against ONT cryptocurrency as collateral. Here’s how it works: you bring some cryptocurrency Ontology to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit ONT lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.
Learn more about crypto.
Ontology crypto token, commonly referred to as ONT, is a digital asset that serves various purposes within the Ontology blockchain ecosystem. Here are three main points highlighting the use of Ontology crypto token:
Governance and Staking:
One of the primary uses of the Ontology crypto token is for governance and staking within the network. Token holders can participate in the decision-making process for protocol upgrades, parameter changes, and other important network decisions through voting. Additionally, users can stake their ONT tokens to help secure the network, contributing to its consensus mechanism and earning rewards in return.
Network Resource Consumption:
Ontology crypto token is used to pay for network resource consumption, such as transaction fees and deploying smart contracts on the Ontology blockchain. Similar to other cryptocurrency platforms, transactions and operations within the Ontology network require a certain amount of ONT tokens to be used as a fee. This ensures that the network remains scalable, secure, and economically viable.
DApp Development and Ecosystem Support:
The Ontology crypto token plays a vital role in fostering the development of decentralized applications (DApps) and supporting the overall blockchain ecosystem. By utilizing ONT tokens, developers can create and deploy their own DApps, accessing the various features and functionalities provided by the Ontology platform. Furthermore, the Ontology Foundation supports projects and initiatives within its ecosystem through grant programs, investments, and partnerships, often involving the utilization of ONT tokens to fuel these efforts.
In summary, the Ontology crypto token provides governance and staking capabilities, enables payment for network resource consumption, and supports DApp development and ecosystem growth within the Ontology blockchain network.
To the maximum extent permitted by applicable law, in no event shall the Company or its suppliers be liable for any special, incidental, indirect, or consequential damages whatsoever (including, but not limited to, damages for loss of profits, loss of data or other information), even if the Company or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.