12 Articles
- How much interest will I pay? Interest rates may vary depending on the token and the supply and demand of the given debt reserve. Note: The premium, or total interest... July 27, 2019
- How much collateral is needed for creating a loan? 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... March 31, 2019
- Can I withdraw my loan amount once the loan is funded? Once your loan is funded, the entire loan amount is transferred to your Nuo Account. You can withdraw this loan amount from your Nuo... March 31, 2019
- How do auto liquidations due to price volatility work for loans? Every loan has a Safe Region, Critical Region and a Hard Stop. A loan in Safe Region cannot be auto-liquidated while a loan in Critical... May 26, 2019
- Can I repay the loan before the loan tenure ends? Yes, you can repay a loan anytime before the end of loan tenure. To repay a loan, you are required to have enough available funds in... March 31, 2019
- What happens if I don't repay the loan? In case you are unable to repay the loan in time, your loan defaults. March 31, 2019
- What are min/max limits for loan? Here is a table displaying the nature of the Maximum and Minimum limit of transactions on the platform for the loan of different... June 18, 2020
- What happens if I default on my loan? In the case of a default, your collateral is used to repay the loan and the accrued interest. Any remaining collateral after repayment... March 31, 2019
- What are the different ways your loan/trade order can be stopped? Loans can be stopped if one of the following 3 things take place: 1. Order stopped manually by user. 2. Order duration expired. 3. Order... May 26, 2019
- How do I repay my loan? In case of a loan, the user needs to keep the required funds in his trading account. You can repay it from your dashboard. When you... July 30, 2019
- How is Borrow APR for a currency calculated? Borrow APR for a currency = algorithmic based on reserve utilization. The following graph roughly resembles Nuo's dynamic Borrow APR... September 16, 2019
- How do I get zero fee on loan order? To celebrate our one year anniversary , we are offering zero fees across all the loan orders. June 15, 2020
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