What is a debt reserve?

On the Nuo Network, users are able to lend their ETH and supported tokens by creating what is called a debt reserve. Users debt reserves are a pooled, lent out to borrowers based on their loan requests, and earn interest daily based on daily loan repayments for their respective reserve pools. When the user cancels the debt reserve, the entire reserve balance amount and the interest earned is automatically transferred from our reserve contract to your trading account.

For more information on how to create a debt reserve, click  here.



Did this help answer your question?

thumbs up
thumbs down

Thanks for the feedback! 🙏🏽

Help by drift