Borrow
How to Create a Borrowing Proposal
Choose your collateral (any ERC20 token) and deposit it.
Select the asset you want to borrow.
Define your loan terms:
The Loan-to-Value (LTV) ratio
The fixed interest to be repaid
The funding deadline
The repayment deadline
Pay the fixed fee of 50 SDEX, which is burned immediately upon proposal creation.
Submit your offer — it is instantly visible on-chain.
Receive funds from lenders once they accept your terms.
The proposal can be cancelled at any time as long as it has not yet been funded.
Repay before deadline (principal + interest) to recover your collateral.
In case of default, lenders can claim your collateral via smart contract.
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.
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