LENDFi Whitepaper v1.0
  • Welcome to LENDFI
  • Introducing LendFi
  • 🌎LendFi Overview
    • Traditional Lending
    • AI
    • Research Summary
    • Ecosystem
    • $LendFi
  • ✨PROJECT INFO
    • P2P Lending
      • How to Lend
      • Loan Limit
      • Liquidity LTV
      • Loan Term
    • Borrowing
      • How to Borrow
      • Loan Repayment
      • Interest Rate
      • Loan Term
      • Multiple Borrowers
      • Liquidations
    • Staking
      • LendFi recruitment Commission
      • Stable coin and cryptocurrency
      • Lendfi Staking Packages
    • LendFi Swap
  • đŸĨGAMEFI ECOSYSTEM
    • Gamefi Overview
      • Key Features
      • Functions
      • Featured Games
  • đŸŽ¯PROGRAM
    • Download App
    • Receive Rewards
  • đŸŸŖLendFi Token
    • Overview
      • Why LendFi
    • Mission & Vision
    • FAQs & Answers
  • 🎈LendFi Tokenomics
    • Token Summary
      • Token Utility
      • Token Burning
      • Token Governance
  • âšŊROADMAP
    • LendFi Roadmap
      • Q1-Q3: 2023
      • Q4: 2023
      • Q1: 2024
      • Q2-Q4: 2024
  • đŸ›Šī¸Platforms
    • Social Media Channels
    • Web3
    • Support and Contact
  • Legitimacy
    • 🍀LendFi Partners
    • 👨‍đŸĢAudit Report
    • đŸŽŊKnow your Customer (KYC)
    • đŸ’¯SAFU
  • 🧊Conclusion
    • Privacy Policies
    • Glossary
    • References
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  1. PROJECT INFO
  2. Borrowing

Interest Rate

Daily and hourly rates that adjust automatically based on the daily/24-hour rate.

Upon selecting a suitable loan order and pressing the "borrow" button, the borrowed amount is locked by a smart contract for the specified display time.

If no one borrows within this period, the lender receives interest through staking. The lender also retains the option to cancel the order and claim the assets (principal + interest) during the lock period.

PreviousLoan RepaymentNextLoan Term

Last updated 1 year ago

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