- Added on November 16 2023
- https://chat.openai.com/g/g-IxPbBVevv-plus
How to use PLUS?
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Step 1 ： Click the open gpts about PLUS button above, or the link below.
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Step 2 ： Follow some prompt about PLUS words that pop up, and then operate.
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Step 3 ： You can feed some about PLUS data to better serve your project.
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Step 4 ： Finally retrieve similar questions and answers based on the provided content.
FAQ from PLUS?
PLUS is a decentralized lending protocol that provides collateralized loans to users to bridge the gap between crypto and fiat currency. It leverages on the innovative technology of smart contracts to automate the entire process of loan origination, repayment and insuring collateral funds. PLUS is simple, secure, and cost-efficient, allowing users to access fast and reliable financing solutions.
PLUS enables users to collaterize their digital assets, such as cryptocurrencies, as loan collateral in order to borrow cash or stablecoin.Givers, who provide the liquidity by lending the requested funds, can earn passive income for being the lenders.The loan amount and the interest rate are determined based on the asset’s risk level.Once the loaned amount has been repaid, the collateral is unlocked and returned to the borrower.
PLUS offers advanced security protocols and a transparent bidding system which incentivizes lenders to provide better interest rates for borrowers. Additionally, PLUS employs smart contracts to manage the entire process from loan origination to repayment, reducing the risk of fraudulent activities. PLUS also disburses loans in minutes, reducing the hassle of manual processing.