vixna aims to provide secure, transparent, and accessible loans against cryptocurrency collateral. We believe in financial inclusion and the power of blockchain technology to provide fair and efficient financial services.
Our platform allows you to use your cryptocurrency holdings as collateral to obtain a loan. The collateral is stored in a secure collateral wallet that you can monitor at any time, ensuring complete transparency and security.
To get a loan, you will need to deposit a bit more collateral than the value of the loan principal. The initial loan-to-value (LTV) ratio will be set at 70%. This means that for a loan of $1,000, you will need to deposit collateral worth approximately $1,428.57.
If the value of your collateral falls and the LTV ratio reaches 90%, we will automatically liquidate the collateral to repay the loan. This ensures that the loan is always adequately secured.
At vixna, we prioritize the security and transparency of your assets. All collateral is stored in a secure collateral wallet that you can view at any time, providing assurance that there is no fraud or mismanagement of your assets.
Our platform is built on robust security protocols and utilizes the latest advancements in blockchain technology to ensure the safety of your assets.