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

Types of loan

Wagon lending pool is a productive loan meaning all the loan is used for income generating purposes. It is a fixed term loan with an agreed upon due date by borrower and Wagon. During the agreement period, lenders cannot recall the invested amount. Lenders will be able to withdraw the interest earned on the agreed repayment schedule. Fixed term loans provide time for borrowers to use the money to generate income to pay back the loan

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Last updated 1 year ago

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