ONUS App Launched New Version (3.3.0)

Today, October 19, 2022, we officially released version 3.3.0 of the ONUS application with several changes and additions, to improve the user experience.

New update in version 3.3.0:

  • Launching the Master Donate feature (applicable to Vietnamese users only)
  • Credit Line feature update v2.0

**Users please update the app to version 3.3.0 at Appstore (iOS) and Google Play (Android).

Launching Credit Line v2.0

  1. Adjustments to interest collection

Previously, if a customer had a loan and incurred interest, the system would collect interest by directly deducting the interest from the user’s main account. With the new update, Credit Line interest will be added directly to the user’s loan.

  1. Liquidation policy

When the collateral value reaches 85% or more of the loan balance, the system will liquidate the collateral. This is the standard liquidation threshold used by most lending platforms and exchanges in the world.

In order to help customers be more proactive with their loans, the system will send alerts to customers via email and notify them on the application as soon as the value of the collateral reaches 75% (Margin Call) or more compared to the loan balance. Users can pay off part or all of the loan to avoid asset liquidation.


  • Loans created before the system upgrade will not be shown in the history in the new update. If the user needs to check the loan history, please submit a ticket for support.
  • In order to compensate for the risk that the loan may not be recovered when liquidated, ONUS will now collect a liquidation fee of 2% of the total loan balance when the loan is liquidated at the Credit Line feature.
  • With the new interest collection method, the interest commission will be paid to the business partner when the loan is closed (due to the user’s initiative to settle or the loan being liquidated).

Learn more about Credit Line v2.0: https://goonus.io/en/new-update-credit-line-v2/