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Some Quick Facts Ouiheberg Web Hosting
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What is the DRN?
Ouiheberg Network (DRN) is an open source peer-to-peer payment and lending network protocol that uses its own cryptocurrency – Denarii. The DRN Protocol is designed to create a sustainable model for financial inclusion while producing economic incentives for network stakeholders. The DRN aims to incentivize financial literacy through learning-based rewards and the elimination of predatory lending practices within the network.
How it Works
This a secure, scalable and decentralized BlockDAG goverened by a responsive monetary overseer: the Denarii Protocol. The DRN is focused on supporting a future-oriented high velocity economy. Ouiheberg eliminate predatory lending practices. The DRN features an inclusive marketplace for the uncollateralized lending of Denarii. Any verified user can submit a bid for a Denarii loan based on personal preference and risk tolerance.
Timely repayments improve a borrowers DRN credit reputation and increase borrowing limits. The DRN protocol builds its Denarii reserves for loans with the network fees paid by minters. Minters earn Denarii by securing the network, validating transactions and, potentially, earning interest on Denarii loans from the lending pool. Anybody can mint.
No Offer of Securities or Registraton
Ouiheberg Website does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. No person is bound to enter into any contract or binding legal commitment and no crypto-currency or other forms of payment is to be accepted on the basis of this Website. Any agreement in relation to any sale and purchase of tokens (as referred to in this Whitepaper is to be governed by only the Terms and Conditions (“T&C”) of such agreement and no other document. In the event of any inconsistencies between the T&Cs and this Website, the former shall prevail.
Lending Denarii with the DRN
In addition to the automated lending pool replenished by minters, the Ouiheberg protocol will allow for the development of the optional lending pool created by lenders and the potential for alternative lending applications. The return on lending within the network will be highly dependent on the product, The return for stakers is expected to be greater than the monetary issuance rate over time.
This means that given the responsive nature of the monetary policy, it will reduce to be less than the repayment rate of lending. Ouiheberg automated lending pool from stakers is a combination of the reserve developed from the minting costs and the total stake. Therefore, stakers can be highly confident in real returns through the combination of returns from lent funds and the minting of Denarii.