Iudex

Frequently Asked Questions

Q: What is this platform?
A: Our platform is a De-Fi solution for lending and borrowing. It uses verified digital certificates to represent ownership of real-world assets (RWAs), enabling secure, transparent, and legally backed loans.Q: How does it work?
A: Borrowers upload documentation for their collateral-backed assets and create a verified digital certificate. Lenders can review these assets and fund loans. All transactions are recorded on-chain for transparency and trust, while legal agreements ensure enforceability.Q: Do I need to know crypto to use this platform?
A: No. You just need a digital wallet to hold USDC (a stable digital dollar). We guide you step-by-step to convert regular currency into USDC so getting started is simple.Q: What types of assets can be used as collateral?
A: We currently support high-value real-world assets such as luxury watches, fine jewelry, and precious metals. Each asset is verified and represented by a digital certificate, giving you a secure and transparent record of ownership. We will expand to different asset classes as we scale.Q: How is my asset protected?
A: All assets are linked to verified digital certificates on-chain and backed by off-chain legal agreements. Every transaction is recorded publicly on the blockchain, allowing lenders to see loan histories and repayment behavior. This ensures transparency, reduces friction, and provides secure, verifiable ownership records, while our legal agreements handle enforcement and fairness.Q: What happens if a borrower defaults?
A: If a borrower doesn’t meet repayment obligations, the digital certificate representing the collateral is automatically transferred to the lender on-chain. This makes the process transparent, public, and frictionless, while our off-chain legal agreements ensure the collateral is handled properly and fairly according to applicable laws.Q: Is this legally enforceable?
A: Yes. Every transaction references an off-chain legal agreement and a verified digital record. This gives you both digital transparency and legal protection, so agreements are enforceable while remaining automated and efficient.Q: How does early access work?
A: Early access gives you priority on the platform so you are among the first to use it once it launches. You will have the chance to participate in beta testing and provide feedback that directly shapes features and functionality. Early access also guarantees lifetime access with no fees once the platform is fully launched if you pay the one-time 100 USDC fee. We guide you through converting regular currency into USDC so you are ready from day one. You will also receive sneak peeks and exclusive previews of upcoming features as we build.Early access is your chance to get in on the ground floor, influence the product, and secure lifetime fee-free access before public launch.Q: Who can participate?
A: Anyone who meets our compliance requirements can borrow or lend. We carefully verify participants to ensure a safe, trustworthy platform for everyone.Q: What are the fees?
A: Early adopters who pay the 100 USDC early access fee enjoy no fees for life on loans. For everyone else, early adopters enjoy a guaranteed flat origination fee for their first loan. Once we reach 200 users, lending fees adjust to 1% for repeat loans, ensuring sustainable pricing as the platform grows.Q: What are the benefits of blockchain for lending?
A: Using on-chain smart contracts ensures automated execution, transparent transaction history, and reduced friction in the lending process. Blockchain enhances traditional lending by combining security, transparency, trust and automation.scrollpoint:next