RWA
Lending
Homebase:
Madrid
,
Spain
Team size:
11-20
Established:
2017
Current stage:
Token:
$ETHIX
Description:
EthicHub is the first ReFi solution for the financially underserved: helping them secure lending for sustainable impact. Yield farmers back actual farmers with regenerative practices, connecting DeFi to the productive economy of the real world: a crowd-lending backed by crowd collateral. By leveraging the power of blockchain technology and smart contracts, lenders from all over the world can invest in the productivity of unbanked smallholder farmers, providing them access to affordable capital with minimized-risk loans, all enabled by EthicHub’s Compensation System. It provides liquid collateral to the lender’s capital in the form of staking Ethix, its own token.
Value Proposition:
EthicHub is a pioneer in the use of blockchain technology applied to financial inclusion with a focus on small farmers. The platform empowers growers in developing countries by providing access to crowd-funded loans. It is the first DeFi protocol to secure lending by connecting yield farmers to real farmers EthicHub's unique crowd-collateral technology protects loans while lowering investors' risk perception. The EthicHub community purchases $ETHIX tokens and stakes them on behalf of unbanked farmers, fostering a trustworthy environment for impact investing. Since launching, EthicHub has funded over 450 projects and facilitated over $3 million in micro-loans to over 700 families in five countries.
Milestones
1.
In 2019, EthicHub won the award for "Project with the greatest impact" during the Demo Day- XI Edition.
2.
EthicHub has funded over 450 projects and facilitated over $3 million in micro-loans to over 700 families in five countries.
3.
4.
Report
EthicHub Insight
August 5, 2023