Claiming defaulted collateral

When a borrower repays their loan, the lent asset and interest will be sent directly to your wallet. In the event of a default, their collateral becomes available for claiming.

1. Go to the "Lending" section of the dashboard or click on the notification icon

2. Find the defaulted loan

3. Click on "Claim Collateral"

Alternatively you can go to the loan page and click on "Claim"

⚠️ If the defaulted collateral is a bundle of assets, you'll need to unpack it after claiming using the unpacker.