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:

  1. Loan Amount How much ETH they want to borrow against their NFT

  2. 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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