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    • ⏯️Lenfi P2P (Aada V1)
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  1. Lenfi V1 Protocol
  2. Lenfi P2P (Aada V1)
  3. How to use the platform?
  4. Menu
  5. Dashboard

Loans

PreviousDepositsNextLiquidated loans

Last updated 2 years ago

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The Loans tab displays the list of loans taken by the borrower. It contains a table with the following parameters:

Loan - The asset and asset amount the user has received as a loan.

Collateral - The asset and asset amount deposited to secure the loan. The Collateral is to be returned after the loan is repaid successfully.

Interest - The asset and asset amount due as an interest payment after returning the loan.

Time remaining - This parameter indicates the remaining time before the lender can liquidate the loan. To avoid liquidation, the borrower must repay the loan before expiration.

User interface:

Status
Action
Description

Repay

After fulfilling the Loan request, the Borrower can repay the underlying debt.

Requested

The Loan request hasn’t been funded yet. The user has the option to can cancel it and redeem the deposited collateral.

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