How to Lend?

Guide on how to lend tokens on Texture 🧩

For starters, make sure, that your URL is https://texture.finance/lendy/borrow.

If all good, proceed to the next steps:

  1. Click on Borrow and Lend Tokens 🔥 tab

  2. Next, click on Connect Wallet button

  3. And then click on Lend button

Now that your wallet is connected, let's move on to the Lend tokens tutorial.

Lend tokens tutorial

Here is a quick overview of Texture's lend tokens interface and how you can use it to lend tokens:

  1. Loan duration: you give loans for 7 days long, at a fixed interest rate and can liquidate in case borrowers don't pay back in 7 days

  2. Current price: on-chain market price of the token that borrowers lock as loan collateral

  3. Current best offer: max price of the collateral token some lender is willing to accept

  4. APY: interest rate you earn on the loan as a lender on annualised basis

  5. All offers: all loan offers placed by lenders on Texture with respective loan-to-value ratio and amounts within each pair, helps you understand how competitive your loan will be

  6. Token you lend selector: selector to pick the token you lend and the token borrower will lock as collateral

  7. Loan offer price and LTV (Loan-to-Value):

    • offer price is the amount of USDC or SOL you lend per one token that borrower locks as collateral

    • LTV is the ratio of offer price to market price, read about LTV

  8. Wallet token balance: we detect the amount of tokens in your wallet that you want to lend

  9. Token to lend: this is the token you lend to borrowers against the token they lock as collateral

  10. Token lend amount and expected interest: amount of tokens you lend to borrowers and the interest they will pay you

  11. Place offer action button: click and LFG lend!

  12. Collateral token amount: amount of collateral tokens you will claim if the borrower doesn't pay back the loan in 7 days

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