JIE.Credit is Decentralized credit-issuing protocol for crypto assets.

Cryptocurrencies are “digital cash,” and the issuing protocol is the monetary policy of the currency. In free-market competition, crypto-assets compete on the basis of the trust from the user. A stable monetary policy forms the protocol integrity that is the basis of trust. However, with the growth of crypto-asset services, the monetary policy stability that is inherent in the cryptocurrency design leaves a gap between the increased demand for services and the stable supply of liquidity. This limits the growth of crypto-assets.

We introduce JIE-Credit protocol, a decentralized credit-issuing protocol that issues credit assets based on the underlying crypto-asset without compromising the integrity of the original crypto-asset protocol. With permissionless credit issuance, “digital cash” achieves the credit expansion necessary to satisfy increased service demand.

JIE-Credit protocol issues jToken credit assets starting with LP Tokens, aTokens, and other “credit carriers” such as cTokens to achieve credit expansion of the underlying crypto-assets.