How much collateral is needed for creating a loan?

Last Updated: March 31, 2019

Loans on Nuo Network are over collateralized. For creating a loan order, you need 1.5x of the loan amount as collateral.

Example: For an ETH loan backed by OMG token, you can get a loan of ETH valued at $120 using OMG tokens valued at $180 as collateral.

 

 

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