Imagine a world where crypto loans with zero interest and liquidation is possible.
You get to borrow crypto assets with 0% in interest and liquidations.
@lends_so makes borrowing and paying back very easy.
Whether you're a seasoned borrower or a newcomer, this guide will help you navigate the lending pools effortlessly.
1. Choose a Lending Pool
• Browse Available Pools: Explore the available lending pools based on key factors:
- APR (Annual Percentage Rate): Consider the interest rate.
- LTV (Loan-to-Value) Ratio: Understand the collateral requirement.
- Supported Collateral Tokens: Select a pool that accepts the collateral you have.
2. Deposit Collateral
- LTV Ratio: Deposit the supported collateral token into the chosen pool according to the specified LTV ratio.
3. Receive Your Loan
- Based on the pool's LTV ratio, you'll receive the loan amount.
4. Repay Your Loan
- Repay the loan at the stipulated time to reclaim your collateral.
Use Cases
1. Collateral Deposit
- Instead of selling tokens for funds, use them as collateral within the lending pool to borrow and repay later.
2. No Liquidation Risk
- Borrow without worrying about forced liquidations. You're in control. You get to keep your tokens. It's a win win
3. Flexible Use of Loans
- Utilize the borrowed funds for various purposes, such as yield farming at higher APRs than the loan rate.
4. Hedge Against Collateral
- If the loan value exceeds the collateral by the repayment date, borrowers can choose to default.
Key Features
1. Unwavering Rates
- Rock-Solid Stability: Enjoy consistent rates throughout the loan term, eliminating payment fluctuations.
- Lender Flexibility: While existing loans remain unchanged, lenders can adjust rates for new borrowers to stay competitive.
2. Real-World Example
- Imagine borrowing 1,000 USDC at a 1% monthly rate. Your interest cost? A straightforward $10. Simple, predictable, stress-free.
3. Liquidation-Free Zone
- Borrowers decide: Repay and reclaim collateral or default and keep the loan.
- Our approach stabilizes token value during market downturns, benefiting the entire ecosystem.
4. Precision Timing
- Crystal-clear repayment deadlines—no surprises.
- Lenders can offer multiple term options, allowing seamless transitions and extended borrowing periods.
Feel free to explore our protocol and start leveraging your assets! If you have any further questions or need assistance, don't hesitate to ask. 😊🚀