Make Collection Offer

To make a Collection Offer:
- Navigate to the "Collections" section in the Loans area.
- Search or select the NFT collection of your choice.
- On the top right, find the "Collection Offer" section.
- After setting the terms, click the "Submit Offer" button.
- Your offer will appear in the corresponding NFT collection's "Collection Offers" section.
If the borrower accepts your collection offer:
- You will receive a notification and an email confirming the loan has started.
- The principal amount of ERC-20 tokens will be transferred to the borrower through the protocol, and the collateral assets will be moved into escrow.
- Both the borrower and lender will receive ERC-721 notes in their respective wallets to represent the loan.
Updated about 1 month ago