CREATE

Lock collateral, name your price

You choose the amount, what a lender pays you now, what you pay to get it back, and by when. If you come back in time you keep the collateral. If you do not, the lender keeps it and nobody chases you for anything.

COLLATERAL TOKENOnly tokens on the vault's allowlist can be listed.AMOUNTConnect a wallet to see your balance.ASK PRICE (ETH)What a lender pays you now, less the protocol fee.BUYBACK PRICE (ETH)What you pay to get the collateral back. Must be above the ask.TERM

At least 1 hour, at most 90 days. The clock starts when someone funds it.

Connect a wallet to list collateral.

WHAT YOU ARE SIGNING UP TO

The collateral moves into the vault when you list, before anyone has funded anything. You can cancel and take it straight back until someone does.
The clock starts at funding, not at listing. A listing can sit open indefinitely.
After the deadline you get a further 24 hours to buy the collateral back, at the buyback price plus the grace surcharge. All of that surcharge goes to the lender.
One second after that window closes the lender can take the collateral, and you keep what they paid you. There is no recourse and no further obligation in either direction.
The vault records what it actually receives. A token that charges a fee on transfer will have less arrive than you sent, and the deal is written against what arrived.