Creating a lending offer
Last updated
Last updated
Visit https://app.pwn.xyz/offers/lend and connect your wallet
Click "Make a Custom Offer" button
Pick a collateral and amount (tokens or NFTs) for the borrower
Pick your lent asset and amount
Pick your desired loan terms:
Loan to Value
Fixed APR (Interest rate)
Max Loan Duration
Proposal validity period
Advanced Settings: adjust the Minimum Lend Amount
Review and click on "Post Offer" button
Once your lending offer is submitted, it will appear in the "Borrow" section of the Market, where any borrower will be free to accept it or counter-propose.
⚠️ The lent asset won't leave your wallet until your lending offer gets accepted or you accept a borrowing offer. Make sure it remains available until your offer expires or it will be invalid.
You'll be notified in the app once when one of your offer is accepted or if you receive a counteroffer.
⚠️ You can cancel or edit your lending offer at any time. Simply head to the "Lending" section in your Dashboard, find the offer you'd like to edit or cancel and click the corresponding button. ⚠️ Please note that PWN only relies on time-based liquidations. Before posting a lending offer, make sure your give yourself enough buffer to account for potential asset volatility.