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Balance: 0 USDT
MEC: MEC
Duration
1 Day
0 USDT

Gas Limit: 350000

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New opportunities for the world with blockchain and smart contractsDeFi is brought about by decentralised blockchain and open and transparent smart contracts, and is a revolutionary technological change that enables decentralisation, openness and transparency in finance, as well as efficient operations with security far beyond traditional finance.

FAQ

BitLoop is a blockchain-native smart contract designed for lending and borrowing. Built upon the Ethereum network (EVM), it functions as a currency market lending protocol. Users can securely provide or borrow cryptocurrencies without exposure to risk. The BitLoop smart contract protocol seamlessly matches short-term borrowers with lenders, facilitating decentralized capital flow and generating loan agreement orders. This framework enables a range of blockchain lending activities and operates exclusively on blockchain technology, eliminating reliance on centralized institutions. Peer-to-peer lending among users is executed through smart contracts, ensuring rapid, cost-effective transactions and yielding superior returns relative to traditional avenues.
BitLoop utilizes blockchain-based smart lending contract protocols to provide a platform for borrowers in need of short-term funds and lenders, benefiting all participants through diversified capital flows. For example, User A, requiring short-term funds, initiates a loan through BitLoop's smart contract, paying a 1.5% capital supply dividend and pledging the corresponding cryptocurrency assets; User B participates in the lending circulation. The smart contract automatically pairs and processes orders, completing the capital supply. If User B's investment is insufficient to meet User A's needs, the system will combine multiple orders to complete the transaction. At the end of the loan, 0.7% of the capital supply dividend paid by User A is distributed to User B as a return, with the remaining 0.8% awarded to the initiator as a 17th generation share reward.
BitLoop employs leading broadcast technology and secure smart contract technology to generate a dividend pool via algorithms, aggregating participants' funds and interacting with borrower order agreements. Funds are distributed point-to-point to the borrower's wallet through smart contracts, ensuring zero risk to capital. When market users initiate a loan order, the smart contract creates 100 anonymous regulatory nodes and two regulatory private keys, automatically processing the transaction orders. Using multi-signature technology and point-to-point financial practices for security, the smart contract manages operations automatically. All data is executed on the public blockchain, ensuring independent operation and automatic crediting of earnings to wallets.
BitLoop's mission is to provide the highest level of security for its users. The underlying operational model is an autonomous program that runs indefinitely and cannot be controlled by anyone, including its creators. All transactions are executed peer-to-peer, directly from one individual wallet to another, or multiple wallets. There is no need to 'exit' because the funds are already in your wallet, tamper-proof even by founders and developers due to the irreversible nature of smart contracts. BitLoop smart contracts ensure the security of private keys and verify each transaction. In essence, these contracts provide robust security and a user-friendly experience, allowing you full control of your assets so you can enjoy the benefits of decentralized finance as long as the internet exists.
At BitLoop, your commission profits stem from your partners. From the moment you join BitLoop's smart contract, it creates a unique personal link for you. When your partners use this link to join BitLoop, they become your direct downstream partners and are permanently linked to you. All individual partners you invite are permanently assigned to you and cannot be changed, as the data is recorded on the blockchain. Moreover, your referral link remains unchanged; you cannot alter your upline partners. When your partners complete their participation in the BitLoop circulation cycle, the smart contract automatically distributes the corresponding share of rewards to your wallet.