💱DeFi on Your Terms: Using Axel Lending

📋 Overview

This document provides comprehensive instructions for all major features of the Axel Lending Platform. Each section describes navigation paths and button interactions to perform key actions.

1. Creating a Loan Offer (As Lender)

🧭 Navigation: Marketplace

📝 Steps:

  1. Click "Create Offer" button (top of marketplace page)

  2. Fill in loan details:

  • Loan Token & Amount

  • Collateral Token & Amount

  • Interest Rate

  • Liquidation Ratio

  • Loan Duration

  • Grace Period & Penalty

  1. Click "Create Offer" to submit

  2. Approve token allowance if prompted

  3. Confirm transaction in wallet

✅ Result: Your offer appears in the marketplace for borrowers to accept.

2. Creating a Loan Inquiry (As Borrower)

🧭 Navigation: Marketplace → Ask for a loan

📝 Steps:

  1. Fill in inquiry details:

  • Desired Token & Amount

  • Collateral Options (multiple tokens allowed)

  • Duration

  • Inquiry Duration (how long inquiry stays active)

  1. Click "Submit" to submit

  2. Pay platform fee if required

  3. Confirm transaction in wallet

✅ Result: Your inquiry appears in the inquiries list for lenders to make offers.

3. Accepting a Loan Offer (As Borrower)

🧭 Navigation: Marketplace

📝 Steps:

  1. Browse available offers in the marketplace table

  2. Click "Accept" button on desired offer

  3. Approve collateral token allowance if prompted

  4. Confirm transaction with collateral deposit

  5. Wait for transaction confirmation

✅ Result: Loan is created and appears in "My Loans" section.

4. Making an Offer on Loan Inquiry (As Lender)

🧭 Navigation: Marketplace → Check Inquiries

📝 Steps:

  1. Browse active inquiries

  2. Click "Create Offer" button on desired inquiry

  3. Fill in offer details:

  • Choose collateral token from inquiry options (you can create only one offer per collateral token)

  • Set collateral amount

  • Set interest rate

  • Set liquidation ratio

  • Set grace period & penalty

  1. Click "Submit Offer"

  2. Approve loan token allowance if prompted

  3. Confirm transaction

✅ Result: Your offer is submitted to the borrower for review.

5. Viewing and Managing Offers on Your Inquiry (As Borrower)

🧭 Navigation: My Loans → Inquiries → Show Offers

📝 Steps:

  1. Find your active inquiry

  2. Click "Show Offers" button

  3. Review all submitted offers

  4. Click "Accept" on preferred offer

  5. Approve collateral token if needed

  6. Confirm transaction

✅ Result: Loan is created with the accepted offer terms.

6. Repaying a Loan (As Borrower)

🧭 Navigation: My Loans → Loans

📝 Steps:

  1. Find your active loan in the table

  2. Click "Repay" button (stacked vertically with Add Collateral)

  3. Review repayment amount (principal + interest + penalties)

  4. Approve loan token allowance if needed

  5. Click "Repay Loan"

  6. Confirm transaction

✅ Result: Loan is repaid, collateral is returned to borrower.

7. Adding Collateral to Existing Loan (As Borrower)

🧭 Navigation: My Loans → Loans

📝 Steps:

  1. Find your active loan

  2. Click "Add Collateral" button (below Repay button)

  3. Enter additional collateral amount

  4. Review new collateral ratio calculations

  5. Approve collateral token allowance if needed

  6. Click "Add Collateral"

  7. Confirm transaction

✅ Result: Additional collateral is added, improving loan's collateral ratio.

8. Liquidating a Loan (As Lender or Anyone)

🧭 Navigation: My Lends → Lends

📝 Steps:

  1. Find loans near or at liquidation threshold:

  • Look for red-highlighted rows with warning animations

  • Check "Collateral" column - current ratio ≤ liquidation ratio

  1. Click "Liquidate" button

  2. Review liquidation details and potential profit

  3. Approve loan token allowance if needed (to pay remaining debt)

  4. Click "Liquidate Loan"

  5. Confirm transaction

✅ Result: Loan is liquidated, liquidator receives collateral.

9. Viewing Your Loans (As Borrower)

🧭 Navigation: My Loans → Loans

🎯 Features:

  • View all your active and completed loans

  • Monitor collateral ratios and liquidation risk

  • See repayment amounts and deadlines

  • Access loan actions (Repay, Add Collateral)

10. Viewing Your Lends (As Lender)

🧭 Navigation: My Lends → Lends

🎯 Features:

  • View loans you've funded

  • Monitor borrower payment status

  • See loans approaching liquidation

  • Access liquidation opportunities

11. Price Display Toggle

🧭 Location: In loan/offer tables, "Collateral" column header

🎯 Feature:

  • Click the $ / % toggle button in collateral column header

  • Switch between viewing collateral ratios (%) and actual prices ($)

  • Shows Initial, Current, and Liquidation values

  • Helps assess market conditions and risks

🎛️ Key UI Elements

Button Locations:

  • "Repay" and "Add Collateral" buttons are stacked vertically in loan tables

  • "Create Offer/Inquiry" buttons are prominently displayed at top of pages

  • "Accept/Submit" buttons are in table action columns

  • "Show Offers" appears for borrowers on their inquiries

Status Indicators:

  • 🔴 Red highlighting + animation: Loans near/at liquidation

  • 🟢 Green (healthy): Good collateral ratio

  • 🟡 Yellow (needs approval): Requires token approval

  • 🔴 Red (insufficient funds): Not enough balance

  • Status badges: Active, Completed, Liquidated, etc.

Navigation:

  • Main menu: Marketplace, Loan Inquiries, My Loans, My Lends

  • Tab switching: Public/Private views where applicable

  • Modal dialogs: For detailed forms and confirmations

🔄 Common Workflows

💰 Full Lending Cycle:

Lender creates offer → Borrower accepts → Loan active → Borrower repays → Complete

🙋‍♂️ Inquiry-Based Lending:

Borrower creates inquiry → Lender makes offer → Borrower accepts → Loan active → Repay

⚠️ Liquidation Scenario:

Loan created → Collateral price drops → Ratio hits threshold → Lender can liquidate the loan

🛡️ Collateral Management:

Loan active → Monitor ratio → Add collateral if needed → Maintain healthy ratio

📚 Additional Resources

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