Guides
Guides

Make Collection Offer

To make a Collection Offer:

  1. Navigate to the "Collections" section in the Loans area.
  2. Search or select the NFT collection of your choice.
  3. On the top right, find the "Collection Offer" section.
  4. After setting the terms, click the "Submit Offer" button.
  5. Your offer will appear in the corresponding NFT collection's "Collection Offers" section.

If the borrower accepts your collection offer:

  1. You will receive a notification and an email confirming the loan has started.
  2. 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.
  3. Both the borrower and lender will receive ERC-721 notes in their respective wallets to represent the loan.