Need assistance? The SUPPORT section is here to help. Here, you'll find a collection of FAQs that cover common inquiries, or you can reach out directly to firstname.lastname@example.org Our dedicated support team is always ready to assist you with any concerns or issues, ensuring a seamless experience as you engage with the platform.
Below is a list of our most frequently asked questions, if you have more questions please feel free to contact our live support team or head over to our telegram group.
Collateral Network is a global Software as a Service (SAAS) protocol leveraging blockchain technology to connect borrowers and lenders, offering a decentralized platform for asset-based lending, digital loans, and borrowing and lending activities.
Collateral Network is neither a lender nor a borrower. It functions as a bridge, connecting those wanting to borrow and those wanting to lend. It does not provide financial advice and is not a financial advisor. The platform facilitates transactions between parties without directly engaging in lending or borrowing.
Collateral Network provides a platform where physical and digital assets can be placed for lenders to invest at the relevant LTV of the asset value, ensuring sufficient margin. It enables lenders and borrowers to come together, transact, and engage in lending activities.
The COLT token serves as a utility within the Collateral Network, allowing holders to enjoy reduced platform fees, governance participation, tier-based discounts, staking opportunities, and access to private auctions.
COLT tokens can be bought directly from the Collateral Network platform during the presale and on various listed exchanges post-presale.