NEND
  • Introduction
    • What is NEND?
    • Opportunities by NEND
    • Guides
      • Connect A Wallet
        • Set up a Metamask Wallet
      • Stake Your Assets
      • Sell EABs(Escrowed Asset-Backed Bonds)
      • Bond Your Assets
      • Create NFTs with your verified RWA
      • Trade RWA in the form of NFT
      • Join Curation
      • Borrow Against Your Assets
      • Lend Your Assets
      • Sell Trust Deeds
      • Sell Promissory Notes
      • Transfer NEND & VPC through Cross-chain Bridge
      • Participate in DAO Proposal
  • Protocol Overview
    • RWA Tokenization
    • Trading Tokenized Assets
    • Leveraged RWA-Backed Lending
    • Lending Pool Staking
    • Refinancing / Monetizing
    • Bonding
  • Products
    • Staking
      • EAB(Escrowed Asset-Backed Bond)
    • Borrowing
      • Trust Deed
      • Borrower Default
      • Liquidation
    • Leveraged Lending
      • Promissory Note
      • Extra Safety Measures
    • Curation
    • Bonding
  • Tokens
    • NEND
    • Voting Power Card
    • Trust Deed
    • Promissory Note
    • EAB(Escrowed Asset-Backed Bond)
  • Additional Resources
    • Pitch Deck
    • X(Twitter)
    • Telegram
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On this page
  • About
  • Step-by-step (Request A Loan)
  • Step-by-step (Repay The Debt)
  1. Introduction
  2. Guides

Borrow Against Your Assets

PreviousJoin CurationNextLend Your Assets

Last updated 9 months ago

About

Borrowers can request a loan by collateralizing their RWA.

Step-by-step (Request A Loan)

1. Go to your inventory by clicking your 'wallet address' and 'My Portfolio' at the top right of your website.

2. Click the asset you want to collateralize to request a loan in your Inventory.

3. You will see the page of the information. Click REQUEST A LOAN button at the top right side.

4. Set loan terms (loan amount, loan duration, loan APR, leverage lending Y/N) and click Request A Loan button. You can

5. You can see the confirmation message and be redirected to your loan request list by clicking View My Requests button.

6. Curation starts and curators can cast a vote to evaluate your loan request. you need to wait until the curation is finished.

7. If your loan request is approved on the curation, your loan request will be activated and listed on market. You can also find your loan request on the page of [Borrow] My Loan Requests. If you click the title of the loan request, you can see the detail.

8. If a lender places a loan offer to your loan request, you will be able to see the loan offer by clicking 'Loan' at the top of your website and 'Borrow-My Offers' on the left side of the page.

9. Check the loan condition and decide whether to accept or reject the loan offer. If you want to accept the loan offer, click Accept button.

10. Click Confirm button, check the transaction fee, click confirm, sign, check the gas fee, click confirm.

11. Then the loan is executed and is listed on the market. You can see the confirmation message and be redirected to the page of [Borrow] My Loans by clicking View My Loans.

Step-by-step (Repay The Debt)

1. If you received a loan or bought a trust deed, you will be able to see your loan by clicking 'Loan' at the top of your website and [Borrow] My Loans on the left side of the page.

2. You can repay the debt by clicking Repay button before loan expiration date.

3. Click Confirm button, check the transaction and gas fee, and click Confirm

4. Once the transaction is completed, you can see the confirmation message and be redirected to a list of [Borrow] My Loans by clicking Confirm button.