Empower Your Crypto with the $STAR Stablecoin
By utilizing Preon's stablecoin $STAR, you can use your crypto as collateral and get quick access to the funds you need without selling or compromising your portfolio.
Unlock Liquidity Without Selling Your Crypto
Preserve the value of your crypto holdings while unlocking access to new funds for you to seize new financial opportunities.
Enjoy Maximum Capital Efficiency
Preon optimizes your crypto assets, allowing you to maximize the utility and potential returns of your portfolio.
0% Interest Rate (not a typo)
Benefit from an unprecedented 0% interest rate, ensuring a cost-free borrowing experience that maximizes your financial advantage.
The $STAR Stablecoin
At the heart of Preon is our groundbreaking stablecoin, $STAR. Crafted with precision, it offers a haven of stability in the ever-fluctuating world of cryptocurrency. Whether you're borrowing, investing, or trading, $STAR ensures you move forward with confidence.
Submit collateral, receive the $STAR stablecoin.
Secure your loan by submitting collateral in the form of crypto assets, and receive Preon's stablecoin, $STAR, ensuring stability and flexibility in your borrowing.
Seize new opportunities.
Channel your borrowed $STAR into new ventures that drive your financial journey forward.
Your Assets Remain 100% Your Assets
Upon full repayment of your stablecoin loan, retrieve 100% of your collateralized assets without incurring any interest charges, closing fees, or hidden penalties.
Continuously leverage your assets.
Enjoy the convenience of unlimited borrowing with Preon, allowing you to repeat the loan process and access funds endlessly.
Seamless & Immediate
Enjoy a seamless user experience with our intuitive app, empowering you to effortlessly manage and monitor your positions in Preon.
FAQs
What is Preon?
Preon is a revolutionary crypto lending platform that empowers users to utilize their digital assets as collateral and secure instant loans in stablecoin. By preserving the value of their crypto holdings and accessing immediate funds, users can seize new opportunities and explore various financial possibilities without the need to sell their assets.
What are the key benefits of Preon?
Liquidity without Selling: Users can access funds without selling their crypto assets, enabling them to maintain their long-term investment strategies and potential for future gains.
Flexible Loan Terms: Borrowers can customize loan terms, including duration, repayment options, and interest rates, to suit their individual financial needs.
Instant Loan Approval: Preon's automated process allows for quick and hassle-free loan approvals, providing immediate access to stablecoin loans.
Repeatable Borrowing: Users can repetitively leverage their crypto assets as collateral, accessing funds as many times as they wish to seize various opportunities and expand their financial horizons.
How long does it take to receive the loan once approved?
You'll receive your stablecoin loan instantly!
What cryptocurrencies can I use as collateral on Preon?
Currently, Preon only accepts wETH as collateral. However, we will be offering more collateral options in the future.
Which stablecoins does Preon offer for loans?
Preon offers loans in our own over-collateralized stablecoin, $STAR.
What are the interest rates for Preon loans?
Zero. The interest rate is 0%.
Are there any hidden fees or charges?
No, we are transparent about all fees, and there are no hidden charges.
Can I extend the loan duration if needed?
No need! There is no limit in the loan duration.
Are there any restrictions on how I can use the loan funds?
You can use the loan funds for any purpose you desire.
Can I track my loan and collateral status in real-time through the app?
Yes, you can monitor your loan and collateral status in real-time on our user-friendly app.
