alexander77888

[alexander77888]

capital supply Using the money market liquidity pool model, different underlying assets correspond to different money markets.

Aggregation model Smart contracts automatically match, eliminating the need for lenders and borrowers to negotiate interest rates, borrowing time, etc.

unit of time A wave field block, about 3 seconds.

Loan method Real-time automatic borrowing and lending, the lender will automatically enjoy interest as long as he holds USDT.

Borrowing method Pay-as-you-go, borrowers can achieve short-term borrowing as long as they hold BTC or ETH. As long as the mortgage asset value is "mortgage factor > loan asset value + accumulated interest", they can borrow money at any time.

Loan/borrowing interest rate The floating interest rate is automatically calculated by the BitLoop smart contract based on market supply and demand.

liquidation mechanism If the value of the borrower's collateral assets falls below the liquidation threshold, the BitLoop smart contract will automatically initiate liquidation.

[alexander77888]

BitLoop is a "lending smart contract developed on the blockchain", a money market lending protocol based on the Ethereum network (EVM) in which there are two roles, the depositor and borrower of the asset, the depositor And Borrower Assets Borrowers can interact directly with the protocol in order to earn or be paid floating rate dividends on their investments.

In BitLoop, anyone can provide or lend cryptocurrency with zero risk, and in order to receive income rewards, cryptocurrency holders can store funds in the BitNestLoop lending smart contract, conduct zero-risk short-term liquidity business and zero-risk short-term Lending business, and increase turnover through the liquidity of BitNestLoop smart lending contract to ensure that your profits are returned. Users of BitNestLoop funds can also skip the complex processes of traditional lending and financial audits and quickly borrow funds to solve urgent needs.

BitLoop uses this project to pay tribute to Mr. Muhammad Yunus and his GrameenBank, using the Defi method to do the same thing for the whole world, solving the problem of excessive loan interest rates in developing countries under the world's existing financial system, and allowing cross-border capital flows to be facilitated. Proper configuration and use. It solves the problem of high borrowing interest rates and high thresholds for developing countries. In France, the annual interest rate on loans is 1.8%; in Germany, the annual interest rate on loans is 2.6%; even in the United Kingdom, the annual interest rate on loans is only 4%. But in developing countries, loan interest rates are very high. The annual interest rate for loans in India is 8%, Turkey is 12%, Colombia is 19%, and Brazil is 30%. In China, the annual interest rate for private loans is even more than 36%. In this highly irrational financial environment, the lending industry does not serve everyone equally, which will seriously deviate from the original purpose of the industry. What BitLoop has done is change the trajectory of traditional lending, reinvigorating Muhammad’s original vision for the industry and making it more relevant for today’s times. Through the BitLoop smart lending protocol, it provides an ample supply of funds to those who have the means but lack liquidity. At the same time, it is equally important for capital providers to receive stable dividends. BitLoop prioritizes the development of risk-free short-term loans and risk-free ultra-short-term loans, through smart contract protocols, to constrain and attract a large number of cryptocurrency holders and investment institutions by providing them with losses - unsecured, large and stable supply of funds, borrowing and lending through collateral The agreement guarantees the capital security and profits of the capital provider. The supplier's security and profits are guaranteed through the mortgage agreement.

The great thing about BitLoop is that they are 100% secure, 100% transparent and very efficient compared to traditional lenders. BitLoop smart lending contracts do not require the involvement of a centralized agency, but use blockchain technology and smart contracts to automate transactions. It does not require any centralized agency to check your credit score, verify your true identity or spend days or weeks time to review your application.

BitLoop Smart Contracts uses revolutionary smart contract technology to provide comprehensive financial services that help the poor realize their potential, break the cycle of poverty, alleviate poverty in less developed parts of the world, and empower the marginalized poor.

Unique highlights BitLoop adopts a distributed and decentralized liquidity return method. When users deposit USDT into the BitLoop smart lending contract, the contract will automatically run and return it.

Open and transparent BitLoop is open and transparent, does not require any permission, and can be accessed by anyone without the need for certification by a central authority. Users can enjoy the same DeFi services no matter where they are.

Decentralization A BitLoop smart contract has no owner or administrator, it is deployed as a smart contract and runs independently from the moment the deployment is completed. No one can tamper with it, even founders and developers can only participate as ordinary users. Because smart contracts are essentially irreversible.

interoperability Interoperability No CEO or owner can change the rules and terms of the BitLoop ecosystem. Founders are ordinary users who will follow the same rules and mechanisms as everyone else in the community.

financial security BitLoop funds are secure and when a smart contract receives funds from a user, its code will be executed by all nodes in the network to reach consensus on the outcome and value generated. This allows smart contracts to run securely without any central authority, so it is very secure.

[alexander77888]

In the BitLoop smart contract, each participant can become a project initiator, invite new users to join and receive sharing rewards. For every additional 100 USDT in circulation, the user can receive an additional intergenerational sharing reward, up to

Level 17 sharing rewards can be obtained. When you circulate 100USDT yourself, you can get 20% of the first-generation friend's each circulation income. When you circulate 200USDT yourself, you can get 10% of the second-generation friend's each circulation income. When you circulate 300USDT-700USDT yourself, you can get 3 Up to 5% of each circulation income of 7th generation friends. When you circulate 800USDT-1000USDT, you can get 3% of each circulation income of 8th to 10th generation friends. When you circulate 1100USDT-1700USDT, you can get 11th to 17th generation friends. 1% of each circulation income. Each sharing reward will be automatically transferred to the initiator's wallet address through the smart contract.

[alexander77888]

In the BitLoop smart contract, everyone can anonymously participate in BitLoop to start their own profit plan.

Circulation income

BitLoop adopts a distributed and decentralized circulation return method to provide liquidity and obtain returns. Participants can start providing liquidity through BitLoop smart contracts, which automatically start running after receiving the participants’ circulating crypto assets.

Smart contract automatically returns: Get 100.4% of your investment after 1 day. 7 The Queen receives 104% of the investment amount. 14 The Queen receives 109.5% of the investment amount. 28 The Queen receives 124% of the investment amount.

Details of circulation income: For example, if a user provides liquidity of 10,000 USDT. Return 10040USDT after 1 day of circulation 10,400USDT will be returned after 7 days of circulation. Return 10950USDT after 14 days Return 12,400USDT after 28 days of circulation Circulation period 1 day 7 days 14 days 28 days response rate 0.40% 4% 9.50% twenty four% Calculation formula X*(1+Y) = total principal and interest (final value) Note: X is the deposited principal (present value), and Y is the rate of return. *Each recurring order will automatically be returned to the initiator's wallet address through the smart contract upon expiration.

In BitLoop smart contracts, we can also experience compound interest rates that far exceed those of traditional financial products. Circulation volume 10,000USDT 1 day 7 days 14 days 28 days Cyclical rate of return 0.40% 4% 9.50% 24% Total Return $40 400 USD 950 USD 2400 Dollar Return amount at maturity 10040 USD 10,400 USD 10950 USD 12,400 Dollar Compound annual rate 429% 773% 1065% 1638% Annual rate formula F=P*(1+i)n

[alexander77888]

In BitLoop, every participant has the opportunity to become the initiator of the project, invite new users to join and provide liquidity to obtain team-shared rewards.

For every 100 USDT that users circulate, they can receive an additional generation of friend sharing rewards, up to a maximum of 17 generations of friend sharing rewards.

For example:

When 100 USDT is circulated by oneself, first-generation friends can earn 20% profit each time they circulate it.

When circulating 200 USDT on your own, second-generation friends can earn 10% profit each time they circulate.

When you circulate 300USDT-700USDT yourself, you can earn 5% profit from each circulation of your friends from the 3rd to 7th generations.

When you circulate 800USDT-1000USDT yourself, you can earn 3% profit from each circulation of your 8th to 10th generation friends.

When circulating 900USDT-1700USDT by yourself, friends from the 9th to the 17th generation can earn 1% profit for each circulation.

Loop Friend Feedback Reward 100USDT Earn 20% of the profits of your first generation friends. 200USDT Earn 10% of profits from second generation friends. 300-700USDT Earn 5% of profits from third generation friends. 800-1000USDT Earn 3% of the profits of friends from 8-10 generations. 1100-1700USDT Earn 1% of the profits of your 11th to 17th generation friends.

[alexander77888]

The smart contract starts running from the moment it receives the participant's circulating crypto assets, based on the number of real-time wallet addresses (a), fund circulation (b), fund withdrawal amount (c), loan order number (t), loan amount ( s), repayment amount (f), historical fluctuation range (d), linear cycle (n), etc., and automatically provide a fund supply agreement (x) to match the needs of both parties and complete the transaction.

In order to ensure that participants can receive dividends stably, BitLoop smart contracts implement liquidity control on the crypto assets pledged by market participants. If the borrower’s pledged crypto assets are insufficient, participants will not be able to provide funds to the smart contract’s liquidity pool for circulation. In this case, the smart contract will automatically deny any funds exceeding the participant’s supply order from being circulated into the liquidity pool, ensuring absolute safety.

[alexander77888]

Participating in BitLoop is easy. Participants only need to enter the amount of USDT they want to circulate on BitLoop's circulation page, select the cycle they want to participate in, and they will receive BitLoop's circulation order. When the order countdown ends, the smart contract will automatically return the assets to the user's wallet address.

[alexander77888]

Blockchain technology, due to its unique structure and capabilities, offers several advantages that bring transformative potential to multiple industries:

Enhanced security: Blockchain uses advanced encryption technology to protect data. The creation of each block is encrypted and linked to the previous block, ensuring the security and tamper-proofness of transaction records.

Improved transparency: Due to the use of distributed ledgers, all network participants share unchangeable transaction history, increasing system transparency and trust of all parties.

Decentralization: Blockchain allows data to be shared across multiple nodes without a central authority, reducing reliance on single points of failure and enhancing the system's ability to resist attacks. Reduce transaction costs: Blockchain removes redundant intermediate links, reduces related transaction costs, and makes economic activities more efficient.

Efficiency and speed: Compared with traditional systems, blockchain improves transaction processing speed and efficiency through automated processes, especially in cross-border transactions.

Non-tamperability: The non-tamperability of blockchain records ensures data integrity, which is particularly important for applications that require a high degree of data integrity, such as contract execution and legal records.

Traceability: Complete transaction history provides strong traceability and helps prevent fraud, especially in the field of supply chain management.

Innovation promotion: As an emerging technology, blockchain has inspired business model and application innovation in areas including financial services, supply chain, and health care.

Despite its many advantages, the implementation and popularization of blockchain technology faces challenges in technical proficiency, legal and regulatory adaptation, and regulatory frameworks. As the technology further matures and application cases increase, blockchain is expected to reshape the way multiple industries and societies operate on a global scale.

[alexander77888]

Blockchain technology, as a revolutionary innovation, has gone far beyond its original foundation developed for Bitcoin and expanded to multiple industries, bringing far-reaching changes to these fields. The following are the potential applications of blockchain technology in different fields and their prospects:

Financial Services: Blockchain is revolutionizing the financial industry, including payments, banking, insurance and investment services. Decentralized finance (DeFi) not only reduces transaction costs but also improves market efficiency and inclusiveness by providing lending, trading and asset management services that do not require traditional financial institutions.

supply chain management The transparent and immutable data records provided by blockchain enable enterprises to effectively track the supply chain process, from raw material procurement to product delivery, thereby increasing transparency, security and efficiency while reducing fraud and errors.

Authentication Blockchain provides a safe and reliable way to manage and verify identities, allowing users to control their identity information and securely conduct online transactions, helping to reduce identity theft and fraud.

Health Care In health care, blockchain can securely store and share patient information, improve patient care, accelerate medical research, and facilitate the development of more precise personalized medical solutions.

Intellectual Property and Copyright Protection Blockchain provides digital creations with an immutable record that verifies the originality and ownership of content, enabling artists and creators to better protect and manage their copyrights.

government and public services Blockchain can be used to optimize the operations of government and public services, such as increasing transparency in elections and reducing fraud by providing secure voting mechanisms.

Sustainability and social impact Blockchain is also being used to advance the Sustainable Development Goals (SDGs), such as ensuring ethical and environmental responsibility in supply chains, providing transparent tracking and management of charitable donations, and supporting carbon emissions trading and monitoring.

Challenges and limitations Despite its promising prospects, the widespread application of blockchain technology still faces challenges such as technological maturity, scalability, energy consumption (especially for blockchains using PoW consensus mechanisms), regulatory uncertainty, and public understanding and acceptance.

As technology continues to advance, challenges are gradually resolved, and the regulatory environment gradually becomes clearer, blockchain technology is expected to play a key role in multiple industries, reshaping industry structures and the way society operates.

[alexander77888]

Cryptocurrencies: Such as Bitcoin and Ethereum, use blockchain to record transactions and manage currencies in a decentralized manner.

Smart contracts: Platforms such as Ethereum allow the creation and execution of smart contracts on the blockchain, automatically executing contract terms.

Supply chain management: Provide a transparent and non-tamperable way to record the flow of goods in the supply chain, increasing the traceability and efficiency of the supply chain.

Identity verification and management: Provide a safe and reliable identity verification mechanism to reduce the risk of identity theft.

Financial services: Reshape the traditional financial field, including payment, lending and insurance, etc., and provide services through decentralized finance (DeFi).

Copyright and Intellectual Property: Ensure copyright protection of digital content and verify the originality and ownership of the content through blockchain records.

Prospects and challenges: Although blockchain technology is full of potential, it still faces challenges such as technological maturity, scalability, and energy consumption. As technology continues to develop and its applications expand, blockchain is expected to have a transformative impact in multiple industries.

Blockchain technology is considered an innovative and disruptive technology with broad application prospects, especially in the fields of financial services, supply chain management, identity verification, health care, copyright protection, and government and public services. However, it also faces challenges such as technology maturity, scalability, energy consumption, regulatory uncertainty, and public understanding and acceptance.

[alexander77888]

Non-tamperability: Once a transaction is recorded and confirmed by the network, it cannot be changed or deleted, ensuring the non-tamperability of the data.

Transparency: Although the privacy of user identities is protected, transaction records are visible to all network participants, increasing the transparency of the system.

Decentralization: Blockchain technology eliminates the need for a central control agency and enhances the system’s censorship resistance and fault tolerance.

Security: Through encryption technology and consensus mechanism, blockchain can ensure the accuracy and security of data without a central authority.

[alexander77888]

working principle:

Blocks and Chains: Blockchains consist of a series of data structures called "blocks" that are connected into chains in chronological order. Each block contains a batch of transaction records and is linked to the previous block through a cryptographic hash, forming a continuous and immutable data chain.

Distributed ledger: Blockchain is a distributed ledger technology (DLT) that allows all network participants to share and jointly maintain a data record without the intervention of a central authority.

Consensus mechanism: The blockchain network verifies and confirms new blocks through a consensus mechanism to ensure the data consistency of all nodes in the network. For example, Bitcoin uses a Proof of Work (PoW) mechanism, while other blockchains may use a Proof of Stake (PoS) or other algorithms.

Encryption security: Blockchain uses encryption technology to ensure transaction security and user privacy. Each transaction requires a digital signature from the sender, which is generated based on the sender's private key and verifiable by the public key.

[alexander77888]

working principle:

Blocks and Chains: Blockchains consist of a series of data structures called "blocks" that are connected into chains in chronological order. Each block contains a batch of transaction records and is linked to the previous block through a cryptographic hash, forming a continuous and immutable data chain.

Distributed ledger: Blockchain is a distributed ledger technology (DLT) that allows all network participants to share and jointly maintain a data record without the intervention of a central authority.

Consensus mechanism: The blockchain network verifies and confirms new blocks through a consensus mechanism to ensure the data consistency of all nodes in the network. For example, Bitcoin uses a Proof of Work (PoW) mechanism, while other blockchains may use a Proof of Stake (PoS) or other algorithms.

Encryption security: Blockchain uses encryption technology to ensure transaction security and user privacy. Each transaction requires a digital signature from the sender, which is generated based on the sender's private key and verifiable by the public key.

[alexander77888]

Blockchain technology, due to its unique structure and capabilities, offers several advantages that bring transformative potential to multiple industries:

Enhanced security: Blockchain uses advanced encryption technology to protect data. The creation of each block is encrypted and linked to the previous block, ensuring the security and tamper-proofness of transaction records.

Improved transparency: Due to the use of distributed ledgers, all network participants share unchangeable transaction history, increasing system transparency and trust of all parties.

Decentralization: Blockchain allows data to be shared across multiple nodes without a central authority, reducing reliance on single points of failure and enhancing the system's ability to resist attacks. Reduce transaction costs: Blockchain removes redundant intermediate links, reduces related transaction costs, and makes economic activities more efficient.

Efficiency and speed: Compared with traditional systems, blockchain improves transaction processing speed and efficiency through automated processes, especially in cross-border transactions.

Non-tamperability: The non-tamperability of blockchain records ensures data integrity, which is particularly important for applications that require a high degree of data integrity, such as contract execution and legal records.

Traceability: Complete transaction history provides strong traceability and helps prevent fraud, especially in the field of supply chain management.

Innovation promotion: As an emerging technology, blockchain has inspired business model and application innovation in areas including financial services, supply chain, and health care.

Despite its many advantages, the implementation and popularization of blockchain technology faces challenges in technical proficiency, legal and regulatory adaptation, and regulatory frameworks. As the technology further matures and application cases increase, blockchain is expected to reshape the way multiple industries and societies operate on a global scale.

[alexander77888]

Despite its promising prospects, the widespread application of blockchain technology still faces challenges such as technological maturity, scalability, energy consumption (especially for blockchains using PoW consensus mechanisms), regulatory uncertainty, and public understanding and acceptance.

As technology continues to advance, challenges are gradually resolved, and the regulatory environment gradually becomes clearer, blockchain technology is expected to play a key role in multiple industries, reshaping industry structures and the way society operates.

[alexander77888]

Blockchain is also being used to advance the Sustainable Development Goals (SDGs), such as ensuring ethical and environmental responsibility in supply chains, providing transparent tracking and management of charitable donations, and supporting carbon emissions trading and monitoring.

[alexander77888]

Blockchain can be used to optimize the operations of government and public services, such as increasing transparency in elections and reducing fraud by providing secure voting mechanisms.