Your collateral amount is the amount of crypto you are posting in exchange for your loan. This reflects current market value.
LOAN TO VALUE (LTV):
Loan to Value is the ratio of USD that we will lend against the collateral value. Collateral value is based on the 24 hour lowest traded price.
Principal repayment due at the end of loan term or can be refinanced.
INITIAL LOAN DURATION:
Loan duration used to calculate total interest.Prepayments can be made at anytime without fees or penalties.
MARGIN CALL PRICE:
If price of collateral falls to this amount, then additional collateral will be required to avoid the risk of partial collateral sale.
COLLATERAL AMOUNT(you send):
Collateral amount includes a 2% loan origination fee,totaling $400 USD