Lending Overview
Borrowing against vPILE without giving up the claim.
The premise is simple: a vPILE holder owns a claim on real assets, and that claim should be usable as collateral without selling it. Borrowing keeps the position, keeps the exposure, and unlocks liquidity against it.
Why it is deferred
- Lending consumes NAV, and the oracle policy is unresolved
- Liquidation on tokenized equities during closed markets is an unsolved problem
- The Stockpile must hold assets before a claim can be meaningfully collateralised
- Max LTV
- TBDtbd
- Liquidation LTV
- TBDtbd
- Interest rate
- TBDtbd
- Origination fee
- TBDtbd
- Liquidation penalty
- TBDtbd