Deals
Buy discounted collateral from expired loans. Dutch auction — price drops over time, first buyer wins.
When a borrower misses repayment, their collateral is listed as a Dutch auction. Price starts above market value and drops automatically until someone buys. No bidding. No matching. Instant purchase.
Field
Description
Collateral
Asset and amount available
Market Value
Current market price
Buy Price
Current asking price — drops over time
Discount
How far below market you're paying
Expires in
Time remaining before auction closes
Wait longer for a bigger discount. Risk someone else buying first.
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