DEPO is the first multi-platform network enabling all credit institutions worldwide to accept crypto as collateral for loans.
Depository Network is a B2B project combining traditional finance and blockchain technology.
By building and spreading DEPO network globally, our aim is to reach a tipping point for mass adoption of using crypto assets in traditional lending. Spreading depository platforms among lenders will increase DEPO tokens demand.
DEPO tokens will be used from lenders to pay one off setup fee and annual fee for using white label depository platform and borrowers to pay fee for storing collateral.