Loans & Orders

Orders

Lend Order: Defines how much capital a lender is offering, the requested rate, term, and accepted collateral.

Borrow Order: Defines how much the borrower wants to borrow, what they’ll post as collateral, and for how long

The Loopscale Protocol supports both Market and Limit orders for borrowing and lending. Orders can be configured across multiple parameters to support specialized use cases, including undercollateralized borrowing, receivables finance, and more.

Primary Parameters


Repayment Type	or
Principal	Amount of principal being lent to the borrower
Principal Asset	Currency of principal
Collateral	Minimum amounts and mints of the collateral
APY	Annualized cost of funds over the loan term, expressed as a percentage.
Duration	Length of time of the loan contract
Principal Oracle	Optional pricing oracle to calculate principal value
Collateral Oracle	Optional pricing oracle to calculate collateral value

Advanced Parameters


Repayment Frequency	Frequency of interest payments in Simple-Interest loan
Default Type	and/or
Auto-Liquidation	Enable third-party liquidators to repay lender in exchange for collateral in a default
	Minimum ratio of collateral to debt that must be maintained by the borrower
	Number of outstanding interest payments allowed prior to a payment-based default
Early Payment Penalty	A percentage of the original interest charged on early repaid principal
Late Payment Penalty	A percentage of a late repayment is charged on late payments
Grace Period	Amount of time after a missed payment at which it is considered late

Oracle-Agnostic Pricing: Borrowers can set up loans that price their collateral or principal using custom or arbitrary oracles, enabling pricing for assets that may be illiquid or lack third-party oracle support. Loans may also be oracle-less, with borrowers proposing terms that solely default based on missed payments or loan expiry.

Introduction

Using Loopscale

Protocol Concepts

Resources

Orders

​Orders

Orders