1. GENERAL
To participate in a lending pool, users can create debt reserve for a token
of their choice for a specific duration. When this
reserve expires, the entire amount + the interest earned is automatically
transferred from our reserve contract to your Lendbo account.
To participate in a lending pool, users can create debt reserve for a token
of their choice for a specific duration. When this
reserve expires, the entire amount + the interest earned is automatically
transferred from our reserve contract to your Lendbo account.
2. INFORMATION WE COLLECT
Lendbo Network provides a new way to lend on the platform. Debt reserves are
a pool of ETH or ERC20 tokens. These reserves are lent to borrowers based on
their loan request.
To participate in a lending pool, users can create debt reserve for a token
of their choice for a specific duration. When this
reserve expires, the entire amount + the interest earned is automatically
transferred from our reserve contract to your Lendbo account. To participate
in a lending pool, users can create debt reserve for a token of their choice
for a specific duration. When this
reserve expires, the entire amount + the interest earned is automatically
transferred from our reserve contract to your Lendbo account.
3. HOW WE USE YOUR INFORMATION
Lendbo Network provides a new way to lend on the platform. Debt reserves are
a pool of ETH or ERC20 tokens. These reserves are lent to borrowers based on
their loan request.
To participate in a lending pool, users can create debt reserve for a token
of their choice for a specific duration. When this
reserve expires, the entire amount + the interest earned is automatically
transferred from our reserve contract to your Lendbo account. To participate
in a lending pool, users can create debt reserve for a token of their choice
for a specific duration. When this
reserve expires, the entire amount + the interest earned is automatically
transferred from our reserve contract to your Lendbo account.