40 Acres · Acts onchain
Borrows against the veNFTs in the sender's 40 Acres portfolio. The PortfolioManager forwards borrow to the sender's portfolio account, which books the amount as debt and receives it from the lending vault through the Loan contract, keeping a 0.8% origination fee and paying the rest to the sender. The credit line is the locks' expected weekly rewards times the market's multiplier, and new borrowing stops while the vault is more than 80% lent. The loan does not liquidate: the locks' voting rewards repay it every epoch. It acts on the sending account's own portfolio, so standing alone the wallet sends it itself. Reach for it after adding collateral, or to draw the stablecoins a later swap or deposit needs, holding the draw under the line with a max loan read.
On other protocols · 9
