👋 Greetings to the Cephei community! We're continuing our series of posts to help you get used to the Cephei Lending Protocol more easily.
🟡 In a previous post, we already discussed the differences between the Annual Percentage Rate (Interest-rate) and the One-time loan fee (One-time fee).
✨ One of the unique benefits of Cephei Lending Protocol is the ability to fine-tune the interest rate to fit your borrowing plans. When you create a loan account, you can choose the settings that are perfect for you.
🟡 As we mentioned earlier, the right combination or choice between Interest-rate and One-time fee allows you to maximize your loan.
👉 Interest-rate is a great option if you can pay off your loan quickly and want to minimize one-time costs.
👉 One-time fee, on the other hand, is beneficial for those who are going to use the loan for a long time and prefer to know the total cost right away.
✨ Cephei Beta Test bot | Tonkeeper testnet guide.
🟡 Codes to access the CBT:
channel-qx6
channel-ic2
channel-z7u
channel-qvm
channel-sk3
🔔 In the next post, we will tell you about collateral-yield strategies and how they can level out your loan interest.
Mini-App | Beta-Test | Landing | CIS Channel | Community | X