We believe that when it comes to lending & borrowing money – transparency is the best policy. For our borrowers, this means a clear, simple and fair agreement regarding the terms and conditions of each individual loan.
CoinFLEX was founded to let the market set the interest rates. With Note Tokens we achieve this through our market place creating transparency and competition and ensuring all our institutional partners offer a fair and competitive rate
Note Tokens provide institutions with a readily and consistently available source of capital. Note Tokens can be issued in any size and at any time, so long as there is demand for the interest and rewards on offer.
Note Tokens are promissory loans that we issue to institutions. Each token can be sold for $1.00 USD, meaning the more tokens an institution sells the more capital they get access to. Buyers of Note Tokens are incentivised by a fixed interest rate, agreed in advanced between CoinFLEX and the institutions, & 30% of the firms daily trading fees.
Once you have raised the capital by selling your Note Tokens, the capital is yours to use as you see fit. We want you to make the most of the capital and capitalise on any market opportunities out there, not just those on the CoinFLEX exchange.
Our ecosystem is powered by the open market, allowing anyone to participate and earn yield by buying Note Tokens and providing capital to institutions. Buyers of Note Tokens get the interest paid to them daily on chain and can redeem the tokens at the end of each month for $1.00 USD.
A predetermined & agreed upon fixed interest rate.
A requirement to trade the amount borrowed from the loan each day on the CoinFLEX exchange.
A requirement to hold 1-2% of the borrowed amount in FLEX Coin.