Wagon Defi

Wagon Lending is a decentralized finance for supply chain players to get financing or working capital loan from blockchain by leveraging their real world assets as a collateral. For each loan, a lending pool is created to raise funds from investors in the block chain network. The lending pool will contain information related to the loan amount, term and condition, interest payment schedule and financial overview of the borrower.

Currently, the token available for lending in Wagon is IDRT. Borrower will receive the coin as the borrowing fund once the lending pool is approved and fulfilled. During the loan period, investor will receive an interest regularly in exchange of the invested funds. The full amount to be paid in full at the end of loan period.