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The loan-to-value ratio is the related difference between the loan amount and the current market value of the collateral. The higher the LTV, the more loan funds you will receive, but at the same time the margin call will be higher.
The loan term depends only on your wish to buy your collateral back and close this loan or on reaching the liquidation limit.
Interest rate is accrued every month from the moment of getting the loan and is paid at the moment of full or partial repayment of the loan
We make it easy to get and manage your crypto loan.
Set up your loan using Polkadot as a collateral option, then confirm it with your phone number as the main contact channel and your payout stablecoin address where you’d like to receive your funds.
Send us the collateral and we will send you the loan amount on your payout address without any delays and additional checks.
Use your loan as long as you want. We will just draw your attention on the rate of your collateral currency in time.
At any moment you can pay your collateral back. To do this, you need to pay the full price of Repayment, and when we get it, we return your collateral.
Polkadot is a protocol that connects blockchains. It is also its native cryptocurrency DOT token which is used for governance. DOT holders are allowed decide the future of the blockchain.
The cryptocurrency believers can use the Polkadot coin as collateral in order to get the loan for different investment purposes. Here are some Polkadot crypto straight points that proof its potential:
Polkadot blockchain provides interconnectivity and interoperability between blockchains, which is incompatible to each other, by allowing them securely exchange data and perform transactions without a third-party system;
The Polkadot network has a primary governance blockchain "relay chain" and many user-created parallel chains "parachains" which empower the parent chain;
The Polkadot ecosystem can process more than 1,000 transactions per second.
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To the maximum extent permitted by applicable law, in no event shall the Company or its suppliers be liable for any special, incidental, indirect, or consequential damages whatsoever (including, but not limited to, damages for loss of profits, loss of data or other information), even if the Company or any supplier has been advised of the possibility of such damages and even if the remedy fails of its essential purpose.