How to apply a Lending Fund on Ketos?
Ketos Lending Fund is a fund that is created by Lenders for lending of crypto tokens secured by NFTs. Instead of waiting a couple days for acceptance from Lenders in the traditional Lending Process, now Borrowers can passively look for these Lending Funds that are suitable with these NFT that they have.
By following steps, Borrowers can easy to apply to an available lending fund on Ketos.
Step 1: Access Ketos App and connect your wallet.
Step 2: Choose Lending Fund tab
Step 3: Click on an available Lending Fund.
Step 4: Choose a suitable borrow offer that match this Lending Fund
Step 5: Click Apply and sign the contract.
In case you do not have any suitable borrow offer with this Lending Fund, click on Create offer to create a new one.
Step 1: Choose an NFT that you want to mortage
Step 2: Fill Loan information
Step 3: Click Next
Step 4: Accept Ketos terms of use and Approve
Step 5: Click Create offer
Step 6: Apply Fund