Listing A Collateral
A borrower may list various assets as collateral & signal their desired terms. This allows anyone to either fund a loan, or make an offer on the new loan listing.
Supported Collateral Assets:
Stargaze Sg721 Contracts
CosmWasm Cw721 Contracts
Native & IBC Tokens
coming soon: ?
Loan Terms
principle - the initial assets being borrowed
interest - % interest from the principle
duration - blocks loan term is active
To List A Collateral & Define Desired Loan Terms:
Navigate to the create-new-loan page.
Decide which assets you are to put up as collateral, & then continue to the next page
Select your desired Loan Terms:
a. Principle: all IBC supported coins
b. Interest: % of principle to be required during repayment
c. Duration: total blocks in loan lifecycle
Click save & continue and sign transaction
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