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Eligible Premium and Elite NFT holders can use a complete supported DA batch as collateral for a USDT-denominated loan.

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Loan Parameters

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How is the loan calculated?

Gross loan = collateral DA × recorded loan price × 70%. The current 5% fee is deducted at issuance. The remaining amount is credited under the active balance rules.

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Price Snapshot

The recorded loan price remains the reference value for repayment calculations. Later changes in the DA protocol price do not change the original USDT-denominated principal.

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Partial Repayment

A borrower may repay part of the outstanding principal to release a proportional amount of remaining collateral. Released DA remains subject to the original batch schedule.

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Default & Progressive Collateral Processing

If the loan remains open when the batch enters Auto-Sell, the pledged DA is processed progressively according to the standard schedule. The borrower may repay between period boundaries to release collateral not yet processed.

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Important Lending Conditions

  • A DA batch can be pledged only once.
  • The loan must be opened before the current eligibility deadline.
  • The original Auto-Sell schedule is not reset.
  • Only the pledged batch is affected by default processing.

Selling & Lending

Manual sale, Auto-Sell scheduling, and how DA-sale payouts interact with the Protocol Reward Cap.

DA Token Mechanics

The 21M maximum supply, the protocol price formula, and the DA Liquidity Pool sources.