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TIP OF THE DAY

The following steps will guide you to create your first loan contract:
1. Select collateral - there are various crypto assets available in your demo wallet, select the one you want to proceed with.
2. Select currency - in the demo version you can only request loans in USD.
3. Enter loan amount - you can choose how much USD you need as loan.
4. Use the slider to adjust the loan to collateral ratio. Since cryptocurrencies are volatile, it is preferred to overcollaterize the loan with the selected asset.
5. Select the preferred duration of the loan - in the demo version only 1 day period is available, this helps us to trigger feedback events more frequently.
6. You can review the contract to be proposed in the summary table.
7. Finally press submit!
100%
Overcoll %:
Available balance:
Collateral required:
USD value of Coll:

SELECT DURATION:




Asset selected
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Currency
US Dollar
Collateral
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Duration
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ILK cost
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Loan
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Overcoll rate
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