Comment on page
Amount of WETH or USDC borrowed
Annual percentage rate, is the annualized cost of borrowing, expressed as a percentage.
[Sum of 1 Year Accrued Interest] / [Principal Amount]
[Sum of 1 Year Accrued Interest] / [Principal Amount + Interest cost]
The cost that accrues over time for borrowing WETH, calculated based on APR, principal and loan outstanding time.
Amount of loan interest that has accumulated over time but has not yet been paid.
Sum of outstanding interest and accrued interest of previous refinances.
Optional one time fee (WETH or USC) paid by borrower to lender at the beginning of a new loan or renegotiation regardless of loan outcome. Origination fee amount is deducted from principal amount.
Date by which the borrower must repay the loan's principal and accrued interest to avoid default.
Refers to the amount of time, usually expressed in days, the borrower has to repay the loan in full including accrued interests.
Borrower fails to repay loan plus accrued interest by due date. In single-tranche loans, the lender can claim the collateral; in multi-tranche loans, the collateral is auctioned off, and the proceeds distributed pro-rata to lenders.
Amount to be repaid by borrower including principal and accrued interest
Proposal extended by a lender to a borrower outlining loan terms including principal, APR, due date, and optional origination fee.
Loan offer that can be accepted by any NFT that belongs to the collection it was created for.
Number of borrowers that can accept the same collection offer.
Transaction in which a prospective lender provides better loan terms to a borrower and becomes the new lender of record.
Transaction in which a prospective lender provides better APRs for a portion of an outstanding loan.
Transaction in which a prospective lender provides different loan terms that are not strictly better than outstanding loan terms but that the borrower might still prefer.