Lending
Last updated
Last updated
RelBank gives you an easy way to borrow loans on Non-moveable properties without the hassles of traditional paperwork. We’re changing how real estate Loans are done – for the better.
RelDefi provides $RLDF holders to provide liquidity to RelBank. This fund is then given as a loan to the borrower only for Non-moveable properties with collateral to RelBank. Borrower loan repayments are directly transferred to lenders( $RLDF liquidity providers)
To lend at a fixed rate, you simply need to mint $RLDF by staking Relcko Tokens($RLKO) at face value. The Minted $RLDF you receive is equivalent to locking in a fixed return that can be calculated based on the time until a Relcko Tokens($RLKO) can be redeemed.
$RLKO can be held until the maturity date, upon which they may be redeemed for principal plus interest.
You can also exit your lending position early by selling your $RLDF for an underlying asset. But because $RLKO are traded freely, changes in interest rates may affect the amount of underlying assets you receive when redeeming early.