Self Repaying Loans

Gold Standard DAO Self repaying Loan

User deposits $10,000 into the yield pool as collateral

1. Users lock the collateral, that goes into yield pools.

2. User can borrow up to 50% of their locked collateral.

3. The debt is paid off with the yield from locked collateral.

4. Collateral ($10,000) is unlocked once debt is paid off.