Investing in crypto assets is not regulated, may not be suitable for retail investors, and there is the risk of losing the total amount invested. To thoroughly understand the risks associated with this investment, please visit our risk section clicking here.
You can earn up to 8% annual profitability (in stablecoin paired with US dollars) with us, and for this, we recommend diversifying your investments in different EthicHub projects.
All investments involve some kind of risk. That's why it's important to be aware of it and value what is your investment capacity. It is not advisable to invest beyond your real possibilities or expose yourself to your economy's unacceptable risk.
The investment process on our platform is clear and transparent. We are not financial intermediaries, nor do we act as custodians of your money. The investments you make to finance our farmers' projects are channeled through an Intelligent Contract. All the characteristics of the loan and its conditions are collected in a safe and unalterable way. The use of Blockchain technology provides us not only with transparency, but it also enables a secure, fast system and the possibility of moving small amounts of money at almost free costs.
EthicHub uses a blockchain connected to Ethereum's public network called xDai. And we use the native token of this blockchain -xDai- to finance the loans and pay the costs associated with the execution of the Smart Contracts and the transfer of value. xDai is a stable token or cryptocurrency that always keeps a real parity with the US dollar; 1 xDai = USD 1. Remember that to become an EthicHuber; you have to register as a user, carry out an identification process, and accept the conditions and terms of the platform.
Once the identification process is finished, you can make your first investment either with a bank card or if you are a crypto user, directly transferring xDai from your wallet. Smart Contracts only operate with tokens or cryptocurrencies, so if you use your bank card, the platform will convert the amount you decide to invest to xDai.
Investing in the EthicHub platform involves creating a wallet for cryptocurrencies (wallet) where you will receive back your investment and the profits generated. At no time, EthicHub will have access to your passwords (private keys). The user has the responsibility of keeping their passwords, private keys, or seed words that give them access to their crypto wallet. This point is essential, so we recommend that if you have any questions about it or need help with the configuration, contact us at the following address: support@ethichub.com.
Suppose you have already registered, and you are a crypto user who has a wallet. In that case, the procedure is also straightforward: You only have to connect your wallet with our platform, select the project you want to finance, and make the investment using xDai.
The investment will be effective once the total amount of xDais requested by the farmers has been completed. In this case, the Smart Contract will be executed, and the amount of money you have selected will automatically go to the wallet of the representative of the farmer group that has requested the loan. With the supervision and assistance of our Originator Hub, the xDai will be converted to the farmers' local currency so that they can use it to finance their agricultural tasks.
In case we are NOT able to collect the entire quantity requested by the farmers within the established period, the Smart Contract will be executed and it will automatically return the xDai corresponding to the wallets of the investors participating in that specific project.
The collaborative ecosystem created by Ethichub enables all stakeholders to become guarantors for farmers, collateralizing loans uploaded to the platform, with the guarantee of Ethix tokens. Ethix are ERC-20 tokens built on the Ethereum platform that have a market value and liquidity on both decentralized and centralized exchanges. In the event of a default on the platform, Ethix would be converted into dollars to cover investor losses.
There are three levels of security to deal with possible defaults due to possible problems that our farmers may have:
In the following video you can see an example of investment (audio in Spanish):
You can purchase your ethix impact tokens through our website or directly through centralized exchanges or decentralized exchanges. The price of the token is determined by the market. ethix.ethichub.com
Centralized Exchanges: Cryptopocket
Decentralized Exchanges: Uniswap and Cowswap
If you use Decentralized Exchanges, it is very important that the pair is correct, verifying the Pool generation contract.
If you have doubts or questions write to support@ethichub.com
Yes you can. On EthicHub we need to identify users through a KYC or Know Your Customer process. In this way we comply with current European regulations and we avoid malpractices associated with money laundering or other potential crimes. It is not necessary to complete it when you make your first investment, but this process is mandatory to recover it.
The time of the loan, such as the interest earned on the amount provided they are automatically calculated the moment we collect the quantity requested by the farmers and the Smart Contract is executed. The investment takes USD (xDai) as a reference at that same time and the committed interests are applied to that amount.
No. El investor receives 8% annual interest in USD (xDai) and the rest of the associated percentages -those that refer to the compensation system and the platform- are not subtracted from their profitability.
In total, farmers pay 23% per year for the loans received. If you live in Europe or similar economic regions, you probably This interest rate will surprise you, but they are extraordinarily better than the ones they found to finance themselves before they became members of the EthicHub platform: These small farmers were paying interest above 100% per year for the cash loans they requested. And yet they were able to afford them.
However, after paying off that loan, they barely had enough money left to cover their vital needs and they needed to go back into debt, trapped in a vicious cycle from which it was impossible for them to get out of. Until you arrived with an affordable loan that frees them up.
Yes. In your user profile you can see your updated investments and benefits that you have been achieving in each project. In addition, EthicHub will provide an annual report with returns and benefits obtained to facilitate your annual income tax return.
El The procedure is very simple and operates in reverse from the investment process. The moment the farmers have satisfied the loan with the stipulated interest, the money in their local currency will be converted into xDai that will be sent to the Smart Contract of the associated Project and, then, you will receive an email informing you to recover your investment plus the interest generated. From then on, you can go to the platform, select the funded project and request the return of the loan to the Smart Contract. You will automatically receive your xDai to your wallet.
A token is the unit of account native that operates within a given Blockchain and it operates fulfilling different functions. In Bitcoin, the token is called bitcoin and in this case the token could also be described as a cryptocurrency. In Ethereum, the token is called ether and is used to pay commissions to miners every time smart contracts are executed or tokens are transferred from one address to another. EthicHub also has its own token called Ethix.
In the EthicHub ecosystem, the ethix token is used to provide collateral for loans requested on the platform by farmers.
Our farmers, hard-working people with profitable activities, are excluded from the traditional financial system and lack the necessary guarantees with which to guarantee loans. In this way, we are able to allow the holders of the Ethix tokens to act as guarantors for farmers, in exchange for benefits, and we are able to attract more investment to the platform and reach new farmers.
That's why it is a social impact token because their mere possession reinforces an ecosystem that aims to help the socio-economic development of unbanked small farmers who can break the cycle of poverty that threatens them.
Liquidity Mining is an improved alternative to the concept of Yield farming (which could be translated as “harvested from yields”). Both terms are just some of the alternatives that arise under the protection of Blockchain technology and the enormous possibilities currently offered by Decentralized Finance (DEFI). Both possibilities make it possible to generate passive returns by immobilizing various cryptoassets without losing exposure to them. Liquidity Mining adds the distribution of native tokens for participating.
Anyone in the world, using open and decentralized protocols, can participate in the numerous pools constituted for this purpose and provide liquidity using tokens to produce their assets by depositing them in Smart Contracts without counterparty risk. A relatively simple operation, not recommended for the uninitiated, that allows users (“yield reapers”) to collect significant returns as members of the pool.
The participants in the EthicHub liquidity pool on Uniswap, in addition to the commissions they charge for each conversion of Ethix into Ether and vice versa, they will benefit from a daily distribution of 1000 Ethix tokens, with the added satisfaction of supporting a token that generates a proven social impact.
We know that it can be difficult to understand for the first time or you have even had doubts as you have been using the platform.
To answer your questions, what you can do:
