Become a P2Peer Lender

Step-by-step guide on how to become a P2Peer Lender on Sodium
>>>> Watch a video tutorial or follow the steps below <<<<
  1. 1.
    Go to the [Lending Page] to see the list of open Loan requests
  1. 2.
    Click on [Details] to find the specific Request Details
  1. 3.
    Tap [Lend] to see the details of your loan contribution. Prior to the final confirmation, check your valuation (the amount that has to be paid by the Borrower/Liquidation participants in order for you to be repaid at the end of the term), other lenders' offers & your place in the Lending Queue. Read more about the Lending Queue, the Loan Repayment & the Liquidation auction
  1. 4.
    Set the Loan Amount & click [Lend Now]
  1. 5.
    Check the loan details. If you don't have enough wETH in your wallet, then confirm the wrap action in your wallet. Click [Confirm] & approve the transaction in your wallet.
  1. 6.
    Activate the Loan email notifications to recieve important info regarding your Sodium loan
  1. 7.
    Your loan offer will be marked with the [Pending] status until the borrower accepts your offer