Overview
Freedom Loans lets you borrow fUSD (stablecoin) by locking supported collateral. You can use ZANO, BTCX, ETHX, or BCHX as collateral. Your collateral stays locked until you repay the borrowed fUSD plus accrued interest (interest compounds over time); once you repay, you unlock your collateral.
The amount you can borrow is limited by your collateral value (loan-to-value, or LTV) and by how much fUSD is available in the pool. For details on interest and when your position can be liquidated, see Interest rates and liquidations.
Step by step
- 1Connect your Zano wallet using the header button.
- 2Go to Borrow and choose your collateral asset (e.g. ZANO, BTCX, ETHX, BCHX) and enter the amount you want to lock.
- 3Enter how much fUSD you want to borrow. The form shows a maximum you can borrow based on LTV limits and available pool liquidity.
- 4Review the loan summary: LTV, liquidation price, and interest rate. Adjust collateral or borrow amount if you want a safer margin.
- 5Click Borrow, then confirm the swap in your wallet (Ionic Swap). Once confirmed, you receive fUSD and your collateral is locked.
Key terms
- Collateral — The asset you lock (ZANO, BTCX, ETHX, BCHX) to secure your loan.
- LTV (loan-to-value) — Your debt in fUSD divided by the USD value of your collateral. Lower LTV means more cushion before liquidation.
- Max borrow — Capped by (1) the maximum LTV the platform allows and (2) the fUSD liquidity available in the pool. The Borrow page shows the effective maximum for your inputs.
- Interest and liquidations — Interest compounds on your principal over time. Liquidation can occur when LTV is above 50%, with tiered grace periods (e.g. 3 days for 50–60%, 6 hours for 60–65%, immediate above 65%). We recommend keeping LTV below 40%. See Interest rates and liquidations for the exact rules.