<p>Below is a nice visual breakdown of each step, either for lending or borrowing, and the outcomes.</p>
<p><img height="637" width="985" alt="" src="https://cdn.livechat-files.com/api/file/kb/file/15826098/64be21186e-51921e6dc4bef704f59d.png"></p>

Below is a nice visual breakdown of each step, either for lending or borrowing, and the outcomes.



Visual breakdown of Lending and borrowing

Managing your Offer Pool

Create a Loan

Request to Borrow

Accept a lend request

How to cancel a loan offer

How do I repay a loan and get my NFT back?

Claiming NFTs on defaulted loans

What happens when a loan is paid back?

Is it possible to extend or refinance a loan?

Can my NFT receive airdrops during the loan duration?

Do I earn XP when lending?

What are the consequences of defaulting on a loan?

Explanation of lending fees

Liquid lending offer explanation

How can I see when I add or remove ADA from my lending pool?

Is ADA in my offer pool still staked? 

Is Lending available for all Collections?

Lending and Borrowing