🤝P2P Lending
Lends Operating Model
Lends operates on a three-step model that prioritizes customization, security, and flexibility:
🏦 Lending Pool Creation
🔒 Collateral Contribution
💰 Repayment Period
For Lenders: Creating Your Lending Pool
As a lender on Lends, you're not just participating in the market – you're shaping it. Steps to Create Your Lending Pool:
Define Your Terms: Set your interest rate, loan duration, and other parameters.
Seed Your Pool: Allocate your chosen amount of lending capital.
Launch Your Pool: Make your customized lending opportunity available to borrowers.
💡Pro Tip: Diversify your lending strategy by creating multiple pools with different terms to attract a wider range of borrowers.
For Borrowers: Securing Your Loan
Borrowing on Lends is straightforward and secure. How to Borrow:
Browse Lending Pools: Find a pool that matches your needs.
Contribute Collateral: Secure your loan by depositing collateral into the chosen pool.
Receive Your Loan: Once your collateral is confirmed, your loan is issued.
🔑 Key Benefit: With Lends, you can borrow without fear of sudden liquidations, giving you peace of mind and financial stability.
The Repayment Journey
Lends offers a flexible repayment process that puts borrowers in control. Repayment Options: • Full Repayment: Return the entire loan amount plus interest to reclaim all your collateral. • Default: If you choose not to repay, you forfeit your collateral but keep the borrowed funds.
⚖️ Balance: Our partial repayment option allows you to manage your loan dynamically, adapting to your changing financial situation.
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