Go beyond trading crypto with Block Earner. Get on top of debt, take the trip of your dreams or invest in your education with a crypto-backed loan from Block Earner.
What is ELoan?
What is the core value proposition of ELoan?
Which assets can I use as collateral?
What is the Collateral Factor? What are the factors for different assets?
What asset can I borrow?
Why Are ELoan's AUD Borrowing Rates Lower?
Which blockchain networks are currently supported?
What is liquidation and how can I avoid it?
How Are My Funds Secured?
What's next on the roadmap?
How Do I Get Started With ELoan?
Loan Status & Liquidation Explanation
Loan Status:
Healthy
LTV < 50%, the loan is in normal condition.
Attention
LTV is between 50%-54%, it is recommended to add
Repayment Notice
LTV is between 55%-59%, you have 7 days to repay or add collateral.
Default Notice
LTV is greater than 60%, the system will automatically liquidate the pledged assets and the loan will be frozen.
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Liquidation Process
When the loan health is less than 60%, the system will trigger the automatic liquidation process. Your pledged assets will be sold to repay the loan. The liquidated assets will be returned to you, minus the liquidation fee.
Security & Privacy Policy
Account Security
We provide multiple layers of security for your account, and all important operations require 2FA (SMS verification or Google Authenticator). Please make sure your account password is complex and updated regularly.
Privacy Policy
We respect and protect your privacy. All personal information and transaction records will be strictly confidential and will only be used for legitimate identity verification and account operations. We will not sell your information to third parties.
