EpsiLoan Protocol
  • 🌐EpsiLoan Protocol
    • Overview
    • Diversifying Collateral Options
    • The motivation behind EpsiLoan
    • Key benefits of EpsiLoan
    • Main use cases
  • ⚙️The power of Eigen Layer
    • Empowering Ethereum Security
    • Getting Started with EigenLayer Participation
    • Welcome to the World of LRTs
  • 🔑Protocol Concepts
    • Exploring the Spectrum of Stablecoins
    • Introducing EpsiLoan's yUSD
    • Collateral types
    • Vaults
      • Flexible Loan Duration with No Set Payback Period
      • Vault Collateral Ratio: Ensuring Stability and Flexibility
    • Fees
    • Minimum Collateral Ratio (MCR) and Recommended Collateral Ratio
    • Stability Pool and Liquidations
      • Deposit yUSD to the Stability Pool: Benefits and Incentives
      • Liquidations in the EpsiLoan Ecosystem: Ensuring System Stability
      • Vault Liquidators
      • Benefits for Stability Providers
      • What happens if liquidations occur while the stability pool is unfunded?
      • What is Overall Liquidation?
    • yUSD Price Stability and Rigid Redemptions
      • Rigid Redemptions in yUSD: Ensuring Stability with Fees
      • Is a redemption the same as paying back the debt?
      • Redemption Provider
      • Can I avoid being redeemed against?
    • Keepers and Liquidators
      • How Do I Benefit as a Liquidator?
      • How to Become a Liquidator?
  • epsilon dao tokenomics
    • Overview
    • ELN and xELN
    • Token Utilities
    • Fees and Rewards
    • Total Supply and Allocation
Powered by GitBook
On this page
  1. Protocol Concepts
  2. Vaults

Flexible Loan Duration with No Set Payback Period

Unlike traditional lending platforms, EpsiLoan offers borrowers unprecedented flexibility with regards to loan duration. With EpsiLoan, there is no predetermined payback period for loans. Instead, borrowers have the freedom to maintain their loans for as long as they desire, provided they maintain a collateral ratio of at least 120%.

This unique feature empowers borrowers to tailor their borrowing experience according to their individual financial needs and objectives. Whether you require short-term liquidity or prefer to maintain your loan for an extended period, EpsiLoan accommodates a wide range of borrowing preferences.

By eliminating the constraints of set payback periods, EpsiLoan prioritizes user autonomy and flexibility, ensuring that borrowers can manage their loans on their own terms. Whether you choose to repay your debt quickly or prefer to maintain your loan for an extended duration, EpsiLoan provides the freedom and flexibility to do so.

In summary, EpsiLoan's flexible loan duration policy allows borrowers to maintain their loans for as long as they wish, providing unparalleled flexibility and control over their borrowing experience. With no set payback period and the ability to repay debt at any time, EpsiLoan ensures that borrowers can manage their loans according to their unique financial circumstances and objectives.

PreviousVaultsNextVault Collateral Ratio: Ensuring Stability and Flexibility

Last updated 1 year ago

🔑