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 MANA 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 onyour 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.
Decentraland is the first fully decentralized 3D reality space. Decentraland is controlled via the DAO, which owns the most important smart contracts and assets of Decentraland. Decentraland MANA is a cryptocurrency token built on the Ethereum blockchain protocol that is used to purchase or trade LAND tokens and pay for goods and services in the Metaverse platform Dcentraland. Mana token is a non-fungible ERC-721 token that represents the ownership of virtual land in Decentraland reality.
A MANA Decentraland crypto loan is the loan borrowed against a Decentraland coin as collateral. Here’s how it works: you bring some Decentraland crypto to a lending service, leave it there temporarily as collateral, and get an amount of a certain cryptocurrency in return. On CoinRabbit Decentraland lending, we lend stablecoins such as Tether USDT, USD Coin and BUSD.
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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.