Fully secured, fully backed. All loans and investments are protected by a combination of FDIC insurance, Ethereum smart contracts, and crypto collateral.
If borrowers default, collateral is sold to refund the investor. If collateral falls in value, it is sold at a threshold. It’s all automated by an unstoppable smart contract - investors will always get their principal and profit.
Borrower collateral is stored safely in a smart contract escrow, powered by the Ethereum network. This runs exactly as programmed, independent from human intervention - no one can touch these assets. As long as borrowers repay, they will always get their collateral back.
Constant is the first fully secured P2P lending platform. All investor funds are fully backed by collateral, and all portions that are not yet on loan are covered by FDIC insurance. Borrower collateral is stored safely in escrow, which means no one can touch it until it is transferred back to them after repayment.
Unlike other platforms, Constant also allows users to set their own interest rates and terms. Ethereum powered smart contracts automate the loan agreement and always run exactly as programmed – ensuring both investors and borrowers are protected.
All of our loans and investments are protected by a combination of FDIC insurance, Ethereum smart contracts, and crypto collateral. When not on loan, we store your funds across multiple FDIC-insured bank accounts with an aggregate indemnity limit of $130,000,000.
When your money is on loan, it’s protected by an unstoppable Ethereum smart contract – a programmable ruleset that strictly defines how your money is used. All our borrowers put up 150% of the loan amount in collateral, so investors see a return whether borrowers repay or not.
My experience with Constant has been nothing but positive. Awesome opportunity to escape the volatility of the stock market while making your money work for you. Incredible and responsive customer service answers any and all questions quickly and efficiently.
I received the international fiat payout in my bank after only a few days. Support quickly solved the issue with my country not being available yet. Thanks Constant Team! Constant will be my preferred way of transferring crypto assets to fiat.
Have already made a few loans. So far so good. Cool platform.
Think you guys will do very well with this and those of us who have chosen to put some capital into your platform. I am excited to see this evolve and grow.
Is CONST LLC a bank?
Please note that CONST LLC (hereafter referred to as “we”, “us”, or “Company”) is not a bank or deposit account, nor is it a regulated financial institution. Constant tokens are not financial instruments. No interest will be paid on any funds or other assets held in your Constant account and all assets directly held by us are not insured by us or, except as set forth below, any third party or any government agency.
We work with independent third-party financial institutions to provide cash management for the fiat deposits backing Constant tokens, ensuring that all Constant tokens in circulation are matched by an equal amount of fiat deposits. To achieve this, the fiat deposits backing Constant are held in one or more depository accounts at US banks or trust companies whose deposits may be insured by the Federal Deposit Insurance Corporation (“FDIC”).
US Dollar depository accounts are generally protected by FDIC insurance up to $250,000 in each insured bank for each account ownership category. However, since depository accounts may involve large balances exceeding this deposit insurance limit, we have taken additional steps to provide protection for the funds.
Additional protection on deposits
To provide additional protection, the independent third-party financial institution bank or trust company may either: (1) deposit US Dollar funds in multiple FDIC-insured US banks to provide full insurance coverage or (2) use sweep accounts that can protect the deposits through overnight investments in US Government Treasuries. FDIC insurance is not applicable to the collateral deposited to secure loans through the Constant platform.