Bulk loan
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.
Last modified 16d ago