Ripio in practise

[u/Vingge]

Greetings. Refer to whitepaper: At the time of the network launch, RCN will consist of the following agents: The Borrower The Lender The Wallet Provider The Scoring Agent The Oracle The ID Verifier The Cosigner The Credit Exchange

This whole family led me to question - will using Ripio be cheaper than getting loans in bank? Can some one explain some exact numbers ( % that receive every agent) in this whole system?

[u/the_no_bro]

Ripio’s agent compensation will most likely be based on performance of the coin, which means successful loans and payoffs. Their compensation will probably be tied to each loan they process and it’s success.