Make Loan Offer

When browsing the NettyWorth Loan Marketplace you can make a loan offer by doing the following:
- Navigate to the "Lend" section to view all the listed NFT assets.
- Select the asset you wish to provide a loan for to open its loan request page.
- Instead of accepting the borrower’s terms, click the "Counter" button to propose your own loan terms.
- Set your desired loan terms and submit the “Counter” button.
- Your counteroffer will appear in the "Open Offers" section for the borrower to review and accept.
- If the borrower accepts your counteroffer, you will receive a notification and email that 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.
- The loan will be moved to the "Active" page on the NettyWorth Loan Marketplace, where it will be marked as Active.
Updated about 1 month ago