EthicHub’s token sustains an incentive loop to benefit all stakeholders within its impact ecosystem in a shared value generation model.
Ethix's main feature is to provide crowd collateral to secure financing for smallholder farmers excluded from the traditional financial system. Eliminating the perception of risk related to this profile of borrower by providing a liquid collateral to the loans will increase the volume of financial resources available to them.
Smallholder farmers account for a third of the total food production in the world. Investing in this underserved sector is paramount to generate not just social and economic, but also environmental impact, because agriculture is key to climate change.
Stakeholders are rewarded to secure the system by collateralizing the loans and for providing liquidity in the form of Ethix and LPs in decentralized exchanges (DEX).
Ethix promotes behaviors to add value to the ecosystem by redistributing the network effect of value creation among the agents who contribute to it:
Lenders who provide working capital to farmers are rewarded with higher yields if they prove to have staked Ethix;
Originators staking part of the collateral to access the loans will improve the token value once their debt is repaid;
Auditors staking collateral on behalf of Originators earn a 2% fee on the paid back loans and their staked Ethix contribute to make the system stronger and more resilient;
Every Loan in the lending platform contributes to the collateral system buying Ethix with a small percentage of the loan, generating a sustainable demand for it;
Users who immobilize Ethix are rewarded with incentive Ethix for contributing to make the collateral system stronger and more secure; users providing liquidity to Ethix are also rewarded with incentives in the form of Ethix.
Proxy: 0xFd09911130e6930Bf87F2B0554c44F400bD80D3e
Implementation: 0xdc0c39780a6f3165f61fb27f3d47668033c898b5
The Ethix contract 0x751c0834599C49E2e857Ca9F1Cdf929e6FA45119 in Celo is deprecated. In this case it still exists, you could use it, but if you do it is at your own risk.
| Name | Ethix token |
|---|---|
Symbol | ETHIX |
Decimals | 18 |
Cap | 100.000.000 |
Upgradeable | Yes |
Standards | ERC20, ERC667, EIP 2612 función permit para aprobaciones "gasless". |
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