Borrowing made simple.
Obtaining a loan has never been this easy, simply submit a loan request on the marketplace, by using one of your stakes as collateral. The minimum loan duration is 4 days.
Guaranteed lending, backed by stakes.
Lending BNB or MATIC to other users is backed by stakes with accrued dividends equal to or greater than the requested loan amount including interest.
Good to know.
For the benefit of the protocol, there’s a 5% fee imposed on the person that has requested the loan. 4% goes into buybacks and the other 1% is allocated for marketing.
$MOUNT and $bMOUNT tokens collected from buybacks will be burnt.