Loan Types Comparison
TL;DR : available on Twitter here
Choose the amount, low dynamic interest. No time limit, but keep an eye on FP for health.
Fixed amount and interest rate for short duration. FP doesn't matter, just repay before expiration.
Higher loan to value (LTV) and lower fixed Interest for short duration. FP doesn't matter, just repay before expiration.
Comparing Perpetual loans, Flip loans and Bonds (higher LTV loans)
Peer-to-pool
Peer-to-pool
Peer-to-peer
No expiration period: loan can last forever if kept healthy
Fixed expiration: up to 7D or 14D. But borrower can repay earlier
Fixed expiration: up to 7D or 14D. But borrower can repay earlier
Custom LTV: between 0% and 40%, picked by user at the time of loan
Fixed LTV: between 20% and 50% on a per-collection basis
Custom LTV: between 40% and 100%, picked by user at the time of loan
Variable interest rate: based on utilization of lending pool throughout the loan's lifetime (accruing every second)
Fixed interest rate: based on utilization of the lending pool at the time of loan
Fixed Interest rate : based on the cheapest offers from lenders for the chosen LTV %
Linear fees accrual every second
Linear fees accrual every 24H
Nonlinear fee accrual
Borrower can pay (part of the) Interest anytime
Borrower pays the Interest when repaying his loan
Borrower pays the Interest when repaying his loan
1% upfront fee at loan creation
No upfront fee at loan creation
Up to 2% upfront fee at loan creation
Default and liquidation can occur if the loaned NFTs floor price drops below the health threshold land is not repaid within the 12h grace period
Default and liquidation can only occur by not paying back within the period
Default and liquidation can only occur by not paying back within the period. Lender has option to get defaulted collateral instead of SOL for fully funded loans
Real time discord alerts warn of imminent default (24H in advance) and executed liquidations
Real time discord alerts warning of loan expiry (24H in advance) and executed liquidations
Real time discord alerts warning of loan expiry (24H in advance) and executed liquidations
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