Create a Loan

1 min. readlast update: 06.20.2024

To create a loan offer, you must first create an offer pool. To learn more about this, check out our article on Managing your offer pool.

Once you've added ADA to your pool, you can create loans! 

1. Click on the button at the bottom of the Collection page > Loans > Lend ADA

2. From there, you can set loan amount, interest, how many loans you want to create and the time duration

3. Sign the transaction and wait for the confirmation on chain.

NOTE: You can make loan offers on multiple collections from your offer pool. They will then be fulfilled until your offer pool is exhausted. For example, if you have 2000 ADA in your offer pool, you can make two 1000 ADA loan offers on three different collections simultaneously, but only two of them will be accepted by borrowers. 



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