Wagon Network
  • What is Wagon Network?
  • Products
    • WAG Token
      • Allocations and Unlock schedule
      • How to purchase WAG
    • Staking
      • Staking Rewards
      • How to stake
      • How to unstake
      • Claim rewards
    • Lending
      • Wagon Defi
      • Lending Blockchain Network
      • How to invest
      • How to purchase IDRT
      • Types of loan
      • Lending status
      • Withdrawal process
      • Fees
    • Real World Asset Decentralized Finance
    • Data Network
    • Data Analytics and Services
    • Governance
  • Others
    • Contracts, Audit, KYC
    • Where to buy
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  1. Products
  2. Lending

Lending status

Status of lending pool in Wagon

  1. Open : pools that are not open for lending

  2. Active: pools that are active and producing but are not open for lenders anymore

  3. Close: pools that no longer active or open

  4. Default - Open: Active pools that are no longer producing due to borrowers unable to pay. In default and open pool, Wagon is trying to still mitigate the default and get back the money

  5. Default - Close: Close pools that are no longer producing due to borrowers unable to pay. Wagon is also no longer trying to get back the loan.

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Last updated 1 year ago

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