Lend offer

Best Offer

The interest is taken from the available offers with the lowest rate.

Waiting Interest

The interest that is accrued while a user's fund is in a queue or waiting to be matched with a borrower. It reflects the interest earned during the waiting period before the funds are actively utilized.

Formula

Interest = (LendAmount * InterestPercent * Duration / 365) * NumberOffers

Lender Fee = (5% *LendInterest) * NumberOffers

Minimum Receive = Interest + Waiting Interest - Lender Fee

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