Where can I manage my loans?

You can easily manage your asset list in GroFiDex Loans, asset management is divided into 3 categories including: Assets available for U2U loans (Available Tab), assets being mortgaged for U2U loans (Borrowing Tab) and assets that have been liquidated (Liquidation Tab). Now we will go into detail about each type of asset:

1- Assets available for U2U loans (Available Tab)

As introduced in the previous sections, this is a list of Staking NFTs that can be used as collateral for U2U loans. Depending on your loan purpose, choose suitable collateral.

After making a loan, that asset will be transferred to the collateral management section - Borrowing Tab.

2- Collateral assets (Borrowing Tab)

List of NFTs you are pledging for U2U loans. You can track the loan package including information such as the number of U2U loans, repayment time, and interest payable.

When you make principal and interest payments on time, this asset will return to the available assets list - Available tab, meaning you can use it as collateral in another loan. On the contrary, in case the repayment period exceeds and you do not fulfill your debt repayment obligations, this asset will be recovered and liquidated. You can check it in Liquidation Tab.

3- Liquidated assets (Liquidation Tab)

List of NFT assets that were once yours and were liquidated due to default on your loan. Therefore, in order not to lose ownership of NFTs, you need to pay attention to your ability to repay and repayment time for each loan.