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What is a Raca?

  • Radio Caca is a DAO (decentralized organization) run by a community united to create a new virtual world and improve its visibility to a broader scale. Radio Caca offers play-to-earn games, and users can also mintNFTs (non-fungible tokens) on the platform. Radio Caca is also the manager of Maye Musk Mystery Box (MPB) NFT. Besides this, Radio Caca is regarded as a gateway that serves as a link between its users and various trading places for NFTs. The platform's primary premise and design philosophy are to empower and enable users to play to earn.

What is a RACA Loan?

  • A Raca loan is the loan borrowed against Raca cryptocurrency as collateral. Here’s how it works: you bring some cryptocurrency Raca to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit RACA lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.

Learn more about Raca Loans

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FAQ

What is Raca used for?IconPlus

The native token of Radio Caca is RACA. RACA can be used to make purchases on the platform and is also the native token for play-to-earn games like Metamon and Universal Metaverse. Being a medium of exchange, RACA also has value outside of the space and can be exchanged for other cryptocurrencies. Apart from this, RACA is available on three blockchains: Ethereum (ETH), Binance Smart Chain (BSC), and OEC.

Why should you consider a Raca loan?IconPlus

According to the Raca crypto potential growth the cryptocurrency believers can use Raca loans for the long-term and short-term periods. The main strengths of the Raca coin:

  • Backed by OKX Ventures and Consensys Mesh Tachyon (parent company of MetaMask), it has one of the biggest web3 communities over 29 fanbase regions, 665k followers on Twitter, 510k on Telegram, and 68k on Discord
  • Radio Caca (RACA) is a large Metaverse project that encompasses multiple 3D games and NFT marketplaces
  • RACA DAO plans to release a Layer-1 blockchain for the platform

How does Raca loan work?IconPlus

Raca lending is a service that issues loans with Raca cryptocurrency collateral for a yearly interest. The interest can vary from 12% up to 13,8% and more. There is no credit history and no credit checks — the only way you prove your credibility is the collateral you’re ready to provide. It will be temporarily stored in a lending service making sure you will repay your Raca loan.

How quickly can I get a crypto loan? How quickly will you refund me the collateral?IconPlus

Usually, getting an instant Raca loan takes no longer than 10 minutes. Since there are no credit checks, it’s that fast. The longest part of getting a loan is waiting for the confirmation of your Raca transaction.

The collateral will be refunded instantly whenever you come back to repay your loan. You can do it when you want: in a month, in a year, or in many years — our loan period is limitless. Enjoy your money as long as you need.

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