Sublime Finance

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Frequently asked questions

What is Sublime?

Sublime is a platform that allows borrowers to access loans efficiently by leveraging their reputation. It enables borrowers to set the terms of financing, such as collateral ratios and interest rates. Lenders assess borrowers using a combination of on-chain and off-chain data, including indicators like past performance, outstanding debt, and borrower activity on supported protocols. Sublime also offers features like identity support from platforms like Twitter or Youtube, social graph connections, and the ability to set up private credit lines without revealing one's identity. It aims to help users build their financial identity in the Web 3.0 era and offers composability for building a stronger DeFi ecosystem.

How does it work?

Sublime is a platform that allows borrowers to access loans by leveraging their reputation. Borrowers can set the terms of the financing, such as collateral ratios and interest rates. Lenders assess borrowers using a combination of on-chain and off-chain data, including past performance on previous loans and outstanding debt. Lenders can support people they follow on platforms like Twitter or Youtube and find mutual connections to lend through their web of trust. Sublime also allows users to set up private credit lines without revealing their identity. Users can increase their credibility by using verification plugins and build on top of Sublime to create a stronger and more robust decentralized finance (DeFi) ecosystem.

How do borrowers set the terms of the financing?

Borrowers set the terms of the financing, including collateral ratios, interest rates, and more. They can also set up private credit lines without revealing their identity. Lenders assess borrowers using a combination of on-chain and off-chain data, such as past performance on previous loans and outstanding debt. Borrowers can increase their credibility by leveraging their off-chain data and using verification plugins. The Sublime platform allows borrowers to access capital-efficient loans by leveraging their reputation and connect with lenders through a web of trust.

Can I set up private credit lines without revealing my identity?

Yes, Sublime allows borrowers to set up private credit lines without revealing their identity. Lenders assess borrowers using a combination of on-chain and off-chain data, including indicators such as past performance, outstanding debt, and borrower activity on supported protocols. Borrowers can also leverage their off-chain data, such as their reputation on platforms like Twitter or Youtube, to increase their credibility and build a stronger Web 3.0 reputation.

What indicators do lenders use to assess borrowers?

Lenders assess borrowers using a combination of on-chain and off-chain data. They consider indicators such as the borrower's identity, social graph, past performance, and activity. The borrower's identity can be supported by their presence on platforms like Twitter or Youtube. The social graph helps lenders find mutual connections and lend through a web of trust. Past performance is evaluated by looking at the borrower's performance on previous loans, outstanding debt, and interest repaid. Lenders can also browse borrower activity on supported protocols and find mutual connections to lend via a web of trust.

How can I support people I follow on platforms like Twitter or Youtube?

To support people you follow on platforms like Twitter or Youtube, you can leverage platforms like Sublime. Sublime allows users to build their financial identity and increase their credibility through verification plugins. It also enables borrowers to access capital-efficient loans by leveraging their reputation. Lenders assess borrowers using a combination of on-chain and off-chain data, including indicators such as past performance and activity. Additionally, Sublime allows users to find mutual connections and lend through their web of trust, enhancing the social graph aspect of supporting others.

How can I browse borrower activity on supported protocols?

To browse borrower activity on supported protocols, you can use Sublime. Sublime allows borrowers to access capital-efficient loans by leveraging their reputation. Lenders assess borrowers using a combination of on-chain and off-chain data indicators. You can find mutual connections and lend through your web of trust using the social graph feature. Additionally, you can look up a borrower's past performance on previous loans, outstanding debt, and more. The activity graph feature allows you to browse borrower activity on supported protocols. Sublime also offers identity support for people you follow on platforms like Twitter or Youtube.