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Nusa Documentation
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English
  • ✨About Nusa
    • Introduction
    • Nusa Background
    • NUSA Token
    • Nusa Team
    • Roadmap
    • Brand & Logos
    • Contact Partnership
    • Help Section
  • 💸Decentralized Finance Apps
    • Get Started with Nusa dApps
      • 1️⃣Create a Crypto Wallet
      • 2️⃣Get Your BEP20 Tokens
      • 3️⃣Connect Your Wallet to Nusa
    • Lending Market
      • Floating Rate
        • How to Supply/Withdraw
        • How to Borrow/Repay
      • Fixed Rate
        • How to Add/Withdraw Collateral (NUSA)
        • How to Borrow/Repay IDRX
    • Trade
      • Swap Guide
      • Liquidity Provision Guide
    • Earn
      • Farms Guide
      • Airdrop Guide
      • IDRX Earn Guide
    • Governance Program
      • veToken and Reward Calculations
      • veToken Guide
      • Voting Guide
    • Coming Soon
  • 🖼️NFT Marketplace
    • Get Started with Nusa NFT Marketplace
    • How to Use Nusa NFT Marketplace
      • Create & Sell NFT
      • Explore & Buy NFT
    • Glossary
  • 💻Developers
    • Nusa Bridge
    • Migration
    • API References
      • GET /api/quote
      • GET /api/swaps_24h
      • GET /api/trade_volume_usd_7d
  • 🛡️Security
    • BAPPEBTI License
    • Haechi Audit
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On this page
  • What is Fixed Rate?
  • How it Works?
  • Fixed Rate lending market guide
  1. Decentralized Finance Apps
  2. Lending Market

Fixed Rate

Make ease of your crypto loan by utilizing our fixed rate borrowing feature.

PreviousHow to Borrow/RepayNextHow to Add/Withdraw Collateral (NUSA)

Last updated 1 year ago

Nusa Lending Market offers various features to meet the needs of borrowers and investors. One of the features offered is a fixed rate or fixed interest rate. This feature plays an important role in providing clarity and stability in lending transactions between borrowers and investors.

What is Fixed Rate?

Fixed Rate in Nusa lending refers to an interest rate that remains constant or unchanged throughout the loan period. This means that when a borrower applies for a loan and an investor approves it, the interest rate charged on that loan will remain the same from the beginning to the end of the loan period. This is different from the concept in the lending market with a floating rate, where loan interest rates can change depending on the supply and demand in each crypto market.

How it Works?

To apply for a loan in the Fixed Rate market, you need to have crypto tokens to be added as collateral. Currently, the collateral accepted by the Fixed Rate market is only NUSA tokens. For each loan that will be created, the platform will calculate the loan amount you can apply for based on the value of the collateral you provide. Like conventional loans in general, each loan you apply for will be subject to an interest rate that will be charged at the time of the loan application.

Unlike the Floating Rate market which has fluctuating interest rates, the interest rate in the Fixed Rate market is stable. The platform sets the loan interest rate at 10.5%, and the loan repayment time is flexible without a fixed deadline. In the Floating Rate market, borrowers cannot withdraw their collateral at any time before repaying the loan on the platform.

Advantages of loans in the Fixed Rate market:

  1. Predictability of Loan Borrowers will have a clear idea of the amount of interest that must be paid when applying for a loan. This allows for better budget planning as there are no fluctuations in interest rates that can affect the amount of loan repayment.

  2. Financial Stability With a fixed interest rate, borrowers don't need to worry about sudden increases in their payment burden. This helps maintain borrowers' financial stability during the loan period.

Fixed Rate lending market guide

How to Add/Withdraw Collateral (NUSA)

How to Borrow/Repay IDRX

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