Instant Loan
Request a loan from the hybrid Pool+Peer market
To open an Instant Loan Request, the borrower should choose an NFT with "Instant Loan" tag on it and set definitions for the following three variables:
Loan Amount How much ETH they want to borrow against their NFT
Loan Duration How long they want to borrow it for
Instant Loan is limited with max 30 days loan duration
Once set, the borrower will be offered an instant liquidity selection composed from various pools, that could be accepted immediately. If the amount of available liquidity is not enough to satisfy requested loan amount, at the next step, the borrower can extend the Instant Loan with a Standard Loan by specifying Initial APR to request additional liquidity from peer lenders.
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