Bulk loan feature is in early testing, if you experience any issues, please let us know on discord.
Bulk loans allow borrowers to bundle multiple collaterals into a single loan.
- Bulk loans can be backed by up to 11 different collaterals.
Each bulk loan only has 1 liquidation price. The liquidation price is based on the collection's floor.
You can keep track of how much the floor of a collection needs to fall in order to have your bulk loan liquidated.
Unlike traditional lending, liquidating only 1 NFT collateral in a loan cannot improve the overall LTV of a position.
When your bulk loan is liquidated, the entire position is liquidated all at once.
You can add and remove collateral whenever you want, without having to repay your entire loan.