Borrow Against Your Assets
Last updated
Last updated
Borrowers can request a loan by collateralizing their RWA.
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.
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.