Lending

Pulse divides the community into two roles: Depositors/Lenders and Borrowers. The first part of the community supports liquidity and receives a reward for this. Borrowers get easy access to collateralized loans, or secured credit obligations (CLO).

Let's take a closer look

Users will be able to become Depositors by locking a certain number of tokens in order to receive passive income. They insert their capital and get rewarded due to re-payment. For collateral when borrowing, the deposited capital will be doubled. Thus, the interest on loans will be compensated by the profit from the deposit. The smart contract guarantees the security and inviolability of the user's data and assets.

What benefits can user get from lending? Favorable lending conditions include a fixed interest rate, easy access to credit and a guarantee of partial liquidation due to volatility. The user can choose any time period suggested by the Pulse (see below). By deciding to lock their crypto assets, holders will receive secure lending. At the moment, these currencies are available for lending: DAI/Tether/ETH.

How much interest on the loan will be returned:

TIME	APY	LOCKING TIME
30 days	7%	30 days
60 days	9%	60 days
90 days	11%	90 days
180 days	14%	180 days
360 days	17%	360 days