Borrow

How to Create a Borrowing Proposal

1. Choose your collateral (any ERC20 token) and deposit it.

2. Select the asset you want to borrow.

3. Define your loan terms:

   • The

   • The fixed interest to be repaid

   • The funding deadline

   • The repayment deadline

4. Pay the fixed fee of 50 SDEX, which is burned immediately upon proposal creation.

5. Submit your offer — it is instantly visible on-chain.

6. once they accept your terms.

7. The proposal can be cancelled at any time as long as it has not yet been funded.

8. Repay before deadline (principal + interest) to recover your collateral.

9. In case of default, lenders can claim your collateral via smart contract.

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Borrower Protocol Rules

• Set your own LTV: There is no minimum collateral requirement — you choose your Loan-to-Value ratio. Lenders will evaluate the risk.

• No liquidation risk: Your collateral stays locked until the repayment deadline, regardless of price movements. It can only be claimed if you fail to repay on time.

• Flexible repayment: If multiple lenders funded your loan, you can repay them one by one in any order. Each repayment unlocks the matching share of your collateral.

• SDEX fee is adjustable: The creation fee (default 50 SDEX) can be updated by governance, but will never exceed 1,000,000 SDEX. This keeps participation fair, even if the token price changes.