๐คP2P Lending
Lends Operating Model
Lends operates on a three-step model that prioritizes customization, security, and flexibility:
๐ฆ Lending Pool Creation
๐ Collateral Contribution
๐ฐ Repayment Period
For Lenders: Creating Your Lending Pool
As a lender on Lends, you're not just participating in the market โ 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.
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.
๐ 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: โข Full Repayment: Return the entire loan amount plus interest to reclaim all your collateral. โข Default: If you choose not to repay, you forfeit your collateral but keep the borrowed funds.
โ๏ธ Balance: Our partial repayment option allows you to manage your loan dynamically, adapting to your changing financial situation.
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