Creating an Offer

Learn how to create a loan on BAE

To create an offer, click "Request New Offer" on the "Lend" page of the BAE app.

You can see the loans available on the Loans Market as you create the offer. You can immediately accept one of the loans requests to start the loan on the Borrower's terms or create your own offer.

Select NFT Collections that you agree to accept as a loan collateral. You can choose multiple ones out of the list of supported collections.

Setup the loan terms:

• Token: WHYPE or kHYPE

• Loan principal: initial amount sent to the Borrower as the loan is accepted.

• Repayment amount: it's the amount that defines how much interest you want to earn at the end of the loan as the duration gets close to the max. It's an easy way to calculate interest rate

• Duration: how long the funds are borrowed. Upon loan activation the duration defines the due date for the loan payment,

• Expiry: time after which your offer disappears from the Offers Market.

• Interest rate: this is the rate applied to the loan principal to calculate interest payment for you. Interest payment that the Borrower will need to pay you will increase with this rate through the duration of the loan.

Once filled, click "Create Lending Offer", approve the token spending to the protocol and sign the loan request details.

Once done, your offer will appear under Offers Market and under Pending Offers on the Lend page.