As the global adoption of Web3 technology and digital currencies continues to grow, the gap between traditional finance and DeFi is narrowing. Aethir and Credible are launching the first credit card and loan product backed by DePIN. The new product allows holders of ATH, the native token of Aethir’s decentralized GPU network, to access stablecoin credit without selling their holdings, using their digital assets as collateral.
Aethir Checker Node holders and ATH token holders will gain access to the Credible Private Investors Portal, featuring exclusive short-term lending deals with up to 24% APY on USDC and USDT. Aethir token holders will be able to unlock credit lines against their ATH tokens. Holders of ATH can access stablecoin credit without selling their holdings, using their digital assets as collateral. As part of our partnership with Credible, we will jointly launch a free stablecoin credit card. Aethir Checker Node operators, ATH stakers, and ATH token holders will be able to claim a free ATH-powered credit card issued by Credible.
Furthermore, Credible’s AI credit layer will provide AI-powered credit scoring for Aethir’s node and token holders. Users will be able to top up the card using stablecoins on the Solana blockchain or ATH tokens. The AI-powered credit score is generated based on users’ ATH portfolio, activity in the Credible lending pool, and card transactions. Credible’s credit score mechanics will provide an on-chain credit identity for each user.
How to Get Your ATH-Powered Credit Card
The process is quick and easy. Just follow these steps:
- Visit 👉🏻 https://Credible.finance
- Register as an investor and log in to the platform.
- Connect your MetaMask or Phantom wallet to verify ownership of your Aethir Checker Node, ATH stakers.
- Claim your free ATH-powered credit card and complete the KYC process to activate it. (Please note: only 5,000 free credit cards available to claim on a FCFS basis)
- Top up your card using USDC or ATH tokens.
- Alternatively, unlock a credit line by providing ATH tokens as collateral.
- Card claims will begin next week, while actual card issuance will occur at a later date. Stay tuned to Aethir's official X for more information.
Credible and Aethir Are Building at the Intersection of DePIN and DeFi
Credible is a financial innovator that leverages AI functionalities to empower real-world credit solutions with stablecoin liquidity and cryptocurrency holders with access to credit cards and asset-backed loan products. Credible has built the first decentralized credit layer for Web3, designed to unlock real-world yields for crypto users by participating in institutional fixed-income opportunities secured by tokenized real-world assets. By combining credit cards, AI-powered on-chain credit scoring, and partnerships with regulated financial institutions, Credible offers an impact-driven approach for financial inclusion while providing stablecoin yields to crypto-native users.
With the help of Credible’s financial AI infrastructure, Aethir’s community will gain access to versatile DeFi features and tools that bridge the gap between crypto and TradFi in day-to-day transactions. Our partner credit cards, combined with Credible’s AI-driven credit architecture, will unlock new possibilities for ATH holders and Checker Node owners. The ATH token is central to Aethir’s decentralized cloud ecosystem, providing rewards for node holders, stakers, Aethir Edge operators, and Cloud Hosts. With Credible’s support, Aethir’s community members will have a streamlined solution for lending and spending ATH.
This partnership stems from our dedication to rewarding the Aethir community’s loyalty and commitment with versatile solutions to real-world problems, such as stablecoin loans, crypto-to-fiat conversions, and payments. The combination of Credible’s AI credit layer and Aethir’s ATH token ecosystem will reward our community with much-needed financial solutions for lending and spending cryptocurrency without the limitations of Traditional Financial (TradFi) institutions.
Credit card access will initially be available to GPU providers, node operators, and token holders, with plans to expand as the ecosystem grows. To check eligibility, explore features, and apply, visit https://credible.finance.
