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Market
On the top right corner navigate to the tab β€œMarkets”. On Markets tab you can find all loan requests that have been created by borrowers.
Loan - Assets that borrower wants to borrow.
Collateral - Assets used to secure Lenders loan in case borrower fails to repay the loan.
Interest - Amount of assets that borrower is willing to pay for loan.
Term - The amount of time borrower will be able to hold loan, after that lender will have ability to liquidate a loan and claim borrowers collateral.
Health factor - Higher rate means that the borrower is covering loan by bigger collateral. To help indicate good collateral ratio, status is shown below it (Healthy, Risky).
Healthfactor=Collateral/(Loan+Interest)LiquidationThresholdHealth factor = \frac{Collateral/(Loan+Interest)}{Liquidation Threshold}
Because you're now familiar with the "Markets" tab, you can construct your own loan request if you want to borrow other assets.
Last modified 15d ago
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