# What is Rain.Fi RainFi is a peer-to-peer (P2P) lending protocol built on the Solana blockchain, offering innovative ways for users to access and utilize financial resources. Its unique features empower borrowers and lenders by providing flexibility and eliminating traditional financial barriers. RainFi's ecosystem is designed for efficiency, scalability, and inclusivity, catering to a broad range of financial needs. # Why Rain.Fi ## Why rain.fi Stands Out Rain.Fi distinguishes itself in the decentralized finance (DeFi) ecosystem through its innovative approach and user-centric features. Here’s why it’s a standout protocol: 1. **No Price-Based Liquidations**: Unlike most DeFi lending platforms, rain.fi doesn't liquidate loans based on price volatility. Borrowers only face liquidation if the debt isn't repaid on time, providing a sense of stability and predictability that reduces risk for users. 2. **Flexible Borrowing Options**: With features such as borrowing tokens and NFTs through collateralized loans and the Buy Now, Pay Later (BNPL) system, rain.fi offers tailored solutions for diverse financial needs. These options cater to traders, NFT collectors, and everyday users, ensuring accessibility and flexibility for a wide audience. 3. **Passive Earnings for Lenders**: RainFi enables lenders to earn passive income by providing liquidity to borrowing pools. By participating in the protocol, lenders can earn attractive returns on their assets, making RainFi a lucrative opportunity for investors seeking steady yields. 4. **Leverage Opportunities**: Traders and financial strategists can use RainFi's leverage swap feature to optimize their positions, enhancing their potential returns while benefiting from a low-risk liquidation model. 5. **Built on Solana**: Leveraging Solana’s high-speed, low-cost infrastructure, RainFi ensures seamless transactions, efficient scalability, and an overall superior user experience. RainFi’s combination of borrower-centric stability and lender-focused earning opportunities positions it as a game-changing protocol in the DeFi landscape. # Trade **Leverage Trading:**\ Leverage trading allows users to amplify their position by borrowing additional funds to trade a larger amount than their initial deposit. This increases potential profits but also carries higher risks. # Margin Swap The **Margin Swap** feature in rain.fi enables users to perform leveraged trades without the risk of price-based liquidations. By locking the deposit and loan amount as collateral, users can gain financial leverage with enhanced flexibility and reduced risk. *** **How Margin Swap Works** * **Collateralization**: * Both the user's initial deposit and the loan amount are locked as collateral. * The user does not receive tokens until the loan amount is fully repaid. *** **Leverage Slider** * Users can determine the leverage ratio using the **leverage slider**. * The leverage amount is directly influenced by the pool’s **Loan-to-Value (LTV)** ratio: * **Higher LTV** pools allow for greater leverage amounts. * **Lower LTV** pools provide more conservative leverage options. This flexibility ensures users can customize their risk and potential reward according to their trading strategies and the available pool conditions. *** **Available Options for Margin Swap** 1. [**Repay and Retrieve Collateral**](/account/dashboard/active-loans/repay): * **Repay:** By choosing to repay, you unlock the collateral funds. However, you'll need to settle the outstanding loan amount in full to regain access to the locked assets. * Upon repayment, the user receive collateral. 2. [**Extend the Loan**](/account/dashboard/active-loans/extend): * Extend the loan term if additional time is needed for repayment. * This option helps maintain flexibility in financial management. 3. [**Market Sell**](/account/dashboard/active-loans/market-sell): * With this option, your deposited collateral is sold, and the proceeds are used to repay the loan automatically. You'll receive the remaining amount after deducting the loan balance—this could include profits if the trade was successful or a reduced amount if the trade resulted in a loss. * The loan is repaid automatically from the proceeds, and the user receives the remaining balance. *** **Key Benefits of Margin Swap** 1. **Leveraged Trading Without Liquidations**: * Unlike traditional leverage trades, Margin Swap eliminates the risk of price-based liquidations. * Users have full control over the outcome without forced closures due to market volatility. 2. **Flexible Options**: * Multiple repayment and liquidation options allow users to adapt to their financial circumstances. 3. **Simplified Collateral Management**: * All transactions, including collateral handling and repayments, are managed seamlessly through the RainFi platform. *** The Margin Swap feature is ideal for traders seeking leveraged opportunities without exposure to price-based risks. It empowers users with advanced trading tools while maintaining stability and control.
# Borrow The **Borrow Menu** in RainFi provides users with three straightforward options to access assets through borrowing: 1. [**Token**](/borrow/token) Borrow a variety of tokens by choosing a pool and providing the required collateral. 2. [**NFTs**](/borrow/nfts): Secure NFTs by offering collateral, giving users access to digital collectables and assets without upfront purchases. 3. [**Buy Now, Pay Later (BNPL)**](broken://pages/a2CcJdQygGNWsgHKPIJA): This option allows users to acquire assets by paying a portion upfront and deferring the remainder, along with interest, to a later date. The menu is designed for simplicity and efficiency, enabling users to seamlessly choose the borrowing option that fits their needs. # Token ## **Borrowing Tokens: Step-by-Step Guide** The **Borrow Token** feature in Rain.Fi allows users to access tokens through a straightforward and intuitive process. Below is a detailed explanation of how it works: *** #### **1. Selecting Tokens for Collateral and Borrowing** * When a user selects the **Token** option from the **Borrow Menu**, two sections are displayed: * **"You Collateralized"**: Tokens the user can provide as collateral. * **"You Borrow"**: Tokens the user wishes to borrow. * The user selects one token from each section to proceed with the borrowing process. *** #### **2. Viewing and Sorting Pools** * After choosing the collateral and borrowing tokens, a dropdown window opens, displaying a list of available pools. * **Default Sorting**: Pools are displayed based on predefined criteria for ease of use. * **Filter Icon**: * Located on the top-right corner of the token selection screen. * **Multi-Select and Order**: Users can select multiple filters and arrange their order of priority. The pools will then be sorted based on the selected filters in the specified order. * Allows users to customize how pools are sorted, offering the following options: 1. **Loan Amount**: Sort pools by the maximum loan amount available. 2. **Longest Duration**: Pools with the longest loan terms appear first. 3. **Shortest Duration**: Pools with the shortest loan terms appear first. 4. **Interest**: Sort by the interest rate, from lowest to highest. 5. **APR**: Sort by Annual Percentage Rate (APR). *** #### **3. Pool Information Tooltip** * Each pool in the list has a small **"i" icon** next to it. * **Mouse Hover**: Hovering over this icon displays detailed information about the pool, including: * **Total Interest**: The amount the user will pay in interest over the loan term. * **Fees**: Any additional fees associated with the loan. This streamlined process ensures users can efficiently select tokens, evaluate pools, and make informed decisions based on transparent data. **Step 1 - Selecting Tokens for Collateral and Borrowing**
**Step 2 - Viewing and Sorting Pools**
**Filter Pools**
# NFTs #### Using NFTs as Collateral The **NFT as a Collateral** feature in RainFi allows users to leverage their NFTs to borrow tokens. This option provides flexibility for NFT holders who want to unlock liquidity without selling their assets. Below is a step-by-step guide: *** **1. Providing NFT as Collateral** * From the **Borrow Menu**, users select the **NFT** option. * The user chooses an NFT from their wallet to use as collateral. *** **2. Selecting Tokens to Borrow** * After selecting the NFT, users choose the token they want to borrow. * Once the token is selected, a dropdown window displays a list of available pools. *** **3. Viewing and Sorting Pools** The logic for pool sorting and filtering mirrors the process for token borrowing: * **Default Sorting**: Pools are initially displayed based on predefined criteria. * **Filter Icon**: * Located at the top-right corner of the pool list. * **Multi-Select and Order**: Users can select multiple filters and arrange their priority. Pools will then be sorted based on the specified filter order. * Available filters include: 1. **Loan Amount**: Sort pools by the maximum loan amount available. 2. **Longest Duration**: Pools with the longest loan terms appear first. 3. **Shortest Duration**: Pools with the shortest loan terms appear first. 4. **Interest**: Sort by the interest rate, from lowest to highest. 5. **APR**: Sort by Annual Percentage Rate (APR). *** **4. Pool Information Tooltip** * Each pool has a small **"i" icon** next to it. * **Mouse Hover**: Hovering over the icon displays detailed information about the loan, including: * **Total Interest**: The amount the user will pay in interest over the loan term. * **Fees**: Any additional fees associated with the loan. *** This feature provides NFT holders with a seamless way to access liquidity while retaining ownership of their digital assets, making it an ideal choice for leveraging high-value collectables.
# Liquidation In **RainFi**, **there is no price-based liquidation** mechanism. Unlike traditional lending platforms that trigger liquidation based on asset price volatility or LTV thresholds, **RainFi only liquidates a position when a loan is not repaid by its due date**. This time-based liquidation model gives borrowers more control and reduces stress related to market fluctuations. *** #### When Does Liquidation Happen? Liquidation **only** occurs when the borrower **fails to repay the loan before or at the end of the loan period**. If the loan remains unpaid past the deadline, the collateral (token or NFT) is automatically liquidated to repay the lender. *** #### Grace Period RainFi offers a **grace period** to help users avoid immediate liquidation: * **1 hour of grace** is given **for each day** the loan is borrowed. * The **maximum grace period** is **8 hours**, regardless of loan length. > 🕒 Example:\ > If you borrow for 3 days, your grace period is 3 hours.\ > If you borrow for 14 days, your grace period caps at 8 hours. *** #### How to Avoid Liquidation To stay safe from liquidation, the borrower can choose from **three available options**: 1. [**Repay the Loan**](/account/dashboard/active-loans/repay)\ Repay the borrowed amount (and any accrued interest) before the due date to recover your collateral and close the position. 2. [**Extend the Loan**](/account/dashboard/active-loans/extend)\ Choose the *Extend* option to increase the loan duration. This creates a new loan under the current pool terms and gives you more time to repay. 3. [**Market Sell**](/account/dashboard/active-loans/market-sell)\ If you want to exit the position early or avoid repayment manually, use *Market Sell*. This sells the collateral (via DEX or marketplace) and automatically repays the loan with the proceeds. Any remaining value after repayment goes to you. *** #### Summary RainFi offers a borrower-friendly approach by eliminating price-triggered liquidations. As long as you manage your repayment or use available actions in time, your collateral remains safe. # Earn ### Overview The Earn page allows users to participate in the peer-to-peer (P2P) lending ecosystem by creating their own lending pool This page provides insights into pool performance, analytics, and earnings ### Features #### View All Pools * Users can browse and explore all available lending pools. * Detailed statistics and analytics for each pool are displayed. * Users can click on each pool to view detailed information and performance metrics. #### [Create a Lending Pool](/earn/create-pool) * Users can create their own lending pool by clicking on the button with a '+' sign. * **When a user creates a pool for the first time, a vault is also created.** * **A vault can include multiple pools with different tokens.** * Customizable settings, including interest rates and pool parameters.
# LTV & Exposure #### LTV (Loan-to-Value) and Exposure **LTV (Loan-to-Value)** is a ratio that indicates how much of a loan can be taken based on the value of the provided collateral. It is a measurement of the balance between the loan amount and the collateral value, expressed as a percentage. *** **How LTV is Calculated** The formula for LTV is: $$ LTV = \left( \frac{\text{Loan Amount}}{\text{Collateral Value}} \right) \times 100 $$ *** **Example** * **Loan Amount**: 10,000 USDC * **Collateral Value**: 20,000 USDC Using the formula: $$ LTV = \left( \frac{10,000}{20,000} \right) \times 100 = 50% $$ This means that for every 20,000 USDC worth of SOL provided as collateral, the user can borrow 10,000 USDC. *** **What is Exposure?** **Exposure** refers to the maximum percentage of the pool's total liquidity that can be allocated to loans for a specific collateral type. It ensures that the pool's funds are diversified across multiple collaterals while maintaining defined limits for each. *** #### **How Exposure Works** When a user creates a pool, they can assign an **exposure percentage** to each collateral type. This percentage defines the maximum amount of the pool's liquidity that can be loaned out for loans backed by the specified collateral. **Example** Suppose a user creates a pool with **10,000 USDC** and assigns the following exposures: * **SMBs (Solana Monkey Business): 20%** * **FWOG: 50%** * **SOL: 90%** The maximum amount allocated for loans to each collateral type would be: * **SMBs**: 20% of 10,000 = **2,000 USDC** * **FWOG**: 50% of 10,000 = **5,000 USDC** * **SOL**: 90% of 10,000 = **9,000 USDC** This allocation applies regardless of the number of loans taken to reach the specified amounts for each collateral. *** **Key Differences** * **LTV**: Represents the relationship between the loan amount and collateral value as a percentage. * **Exposure:** Defines the borrowing cap for a token by applying the configured percentage to the total pool liquidity. Understanding LTV and Exposure helps ensure safe borrowing while maximizing the utility of your collateral. # Create Pool ### Overview After selecting to create a lending pool, users must choose between two pool creation modes: [Lite](/earn/create-pool/lite) and [Pro](/earn/create-pool/pro). These modes offer different levels of customization and flexibility based on user requirements. ### Pool Creation Modes #### Lite Mode * Designed for quick and easy pool creation. * Predefined settings for interest rates and parameters. * Best suited for users who prefer a streamlined experience. #### Pro Mode * Offers advanced customization options. * Users can set specific interest rates, collateral requirements, and other parameters. * Ideal for experienced users seeking greater control over their pools. *** **Key Considerations** * **Minimum Token Limit**: Ensure you meet the minimum liquidity requirement for the selected token. * **Risk Management**: Carefully set LTV and exposure levels to balance earnings potential with risk. * **Market Demand**: Consider the demand for specific tokens and collateral types to maximize the utilization of your pool.
# Lite Lite mode pool creation allows users to quickly set up a lending pool with minimal configuration. Users can specify key parameters such as token type, amount, loan duration, APY, and collateral settings. ### Pool Creation Fields #### Amount * Users select the token to be lent. * Specify the amount to be allocated to the pool. #### Loan Duration & APY * Define the loan duration. * Set the Annual Percentage Yield (APY) for the pool. #### LTV & Exposure Explanation * Explanation of Loan-to-Value (LTV) ratio. * Details on exposure and risk management. #### Collateral Selection * Token list is displayed with a search input. * Users can search and select multiple collateral tokens. * For each collateral token, users specify: * Loan-to-Value (LTV) ratio. * Exposure limits. ### Finalizing Pool Creation 1. Configure all required parameters. 2. Click the "Create" button to finalize the pool setup. 3. The pool is created and becomes available for lending activities. # Pro Pro mode pool creation allows users to set up a lending pool with advanced customization options. The process consists of four steps: Get Started, Select Tokens, Advanced Options, and Review. ### Pool Creation Steps #### 1. [Get Started](/earn/create-pool/pro/get-started) #### 2. [Select Tokens/Collection](/earn/create-pool/pro/select-token-collection) #### 3. [Advanced Options](/earn/create-pool/pro/advanced-options) #### 4. [Review](/earn/create-pool/pro/review) # Get started The first step in Pro Mode pool creation is selecting the type of collateral and defining the basic pool parameters. ### Steps ## 1. Choose Collateral Type * Users decide whether they want to use NFTs or tokens as collateral with switch.
### 2. Select Pool Token & Amount * **Vaults and Pools:** * There can be **multiple pools** connected to **one vault**. * When the user clicks on "Create Pool," if they have already created vault(s), the **default vault (**one was selected from **Manage Pools)** will be selected automatically for the new pool. * **Switching Vaults:** * The user can choose to proceed with the default selected vault or click on the **"Switch to a different vault"** button. * If they click on this, they can either: * **Choose an existing different vault**, or * **Create a new vault** to be linked to the new pool. * The new vault will be created with the pool and the poll will be "plugged" to the vault. ### 3. Set Loan Duration & APY * Define the loan duration for lending agreements. * Set the Annual Percentage Yield (APY) for the pool. After completing these selections, users proceed to the [**Next**](/earn/create-pool/pro/select-token-collection)[ **step**](/earn/create-pool/pro/select-token-collection) of pool creation.
# Select Token/Collection #### **Collaterals** 1. **Selecting Collateral:** * The user selects one or multiple **tokens** or **NFT collections** to be used as collateral. * A **search input** allows the user to quickly find specific tokens or NFTs. 2. **Setting Parameters:** * The user specifies: * **LTV (Loan-to-Value)** – The percentage of the asset value that can be borrowed. * **Exposure** – The risk level or maximum allocation for this collateral. 3. **Proceeding to the Next Step:** * Once selections and parameters are set, the user clicks **"**[**Next step**](/earn/create-pool/pro/advanced-options)**"** to continue to the next step in the process.
# Advanced options **Advanced Options** The **Advanced Options** page provides additional configuration settings for your pool. It consists of two sections: **Automatic Liquidation** and **Advanced Pool Parameters**. *** #### **Automatic Liquidation** **(Checkbox - Enable/Disable)**\ When enabled, collateral from liquidated positions will be automatically swapped via **Jupiter**. The proceeds will be returned to your pool, with a **2% fee applied only to profitable liquidations**. *** #### **Advanced Pool Parameters** **(Dropdown Popup - Customizable Settings)**\ The following parameters can be specified to fine-tune the pool’s behavior: * **Pool Utilization Rate** – Define the optimal utilization rate for the pool. * **Minimum Loan Amount (USD)** – The smallest loan amount that can be issued. *(Default: $10)* * **Maximum Loan Amount (USD)** – The largest loan amount that can be issued. *(Default: $100,000)* These options provide greater control over loan allocations and risk management within the pool.
# Review ## The **Review Page** allows users to verify all the details before finalizing their pool. It is divided into three main sections: *** ### **1. Vault Information** Displays the vault selected for this pool. *** ### **2. Token List & Loan Details** Shows all collateral tokens included, along with Loan-to-Value (LTV) and exposure. *** ### **3. Pool Settings** This section outlines the core parameters that define the pool’s functionality. * **Loan Duration** * **Annual Percentage Yield (APY)** * **Loan Amount Limits:** * **Minimum Loan Amount:** (Default: $10) * **Maximum Loan Amount:** (Default: $100,000) > Defines the range for individual loans issued from the pool. *** ### **Final Review & Confirmation** Before finalizing, users should carefully review all parameters to ensure they match their expectations. * If everything looks correct, click **Create pool** to finalize the pool. * If changes are needed, go back and adjust the settings. ***
# Manage Vaults/Pools This section provides an overview of the key features in the pool management interface. There are three main areas of focus: 1. **Global Statistics**: View the total performance and metrics of the pools. 2. **Vaults/Pools Section**: View and manage pools linked to individual vaults. 3. **Loan Activity**: Track and review all loan transactions. *** ### **1. Global Statistics** The **Global Statistics** section offers an overview of the overall pool performance. Here, you can track key metrics that are essential for evaluating the health and profitability of all pools. #### Key Metrics: * **Total Earnings**: * **Interest**: The accumulated interest from all pools. * **Liquidations Profit**: The profit gained from liquidations of underperforming loans. * **Liquidations Loss**: The losses incurred from liquidations. * **Formula**: * Total Earnings = Interest + (Liquidations Profit - Liquidations Loss) * **Current Loans and Total Loans Count**: * Displays the number of active loans and the total loans count across all pools. This helps assess the current loan activity. * **Lent Amount**: * The total amount of funds lent across all pools. This metric helps gauge the capital utilized within the pools. *** ### **2. Vaults/Pools Section** The **Vaults/Pools Section** allows you to view and manage pools linked to specific vaults. You can see details of the pools within a vault and take actions based on their performance. #### Existing Vaults: * A list of all available vaults is displayed here. You can interact with the vault list to: * Select individual vaults and view the pools linked to it. * Monitor the performance and status of each pool within the vault. * [Add/Withdraw liquidity](/earn/manage-vaults-pools/add-withdraw-liquidity) to vault * Under the pools there is a [***New pool***](/earn/create-pool) button by wich user can create a new pool #### Pools in Each Vault: * Each vault contains at least one pool. Once you select a vault, you can view the pools associated with it. * **Pool Edit**: Each pool on the right end has two icons/buttons: * **Edit Icon**: Clicking this button will allow you to perform the following actions: * [**Edit Pool**](/earn/manage-vaults-pools/pool-settings): Modify the pool's core settings (such as interest rate, status, etc.). * **Edit Profile**: Update the profile of the pool (e.g., description, name). * User has to provide * Pool name * Thumbnail URL * **Disable Pool**: Disable the pool. Can be enabled later. * **Dropdown Arrow**: Clicking the dropdown arrow next to the pool provides access to additional settings. The following settings are available: * **Earnings**: View the total earnings for the pool. * **Available Amount**: Shows the amount of funds currently available for lending. * **APY**: Displays the Annual Percentage Yield for the pool. * **Min → Max Amount**: Set the minimum and maximum loan amounts available in the pool. * **Min → Max Duration**: Set the minimum and maximum loan durations. * **Liquidation Rate**: The percentage rate at which a loan is liquidated in case of default. * **Total Loans**: Displays the total number of loans associated with the pool. * **Utilization Rate**: The percentage of the pool that is currently utilized (i.e., lent out). * **Created**: The date the pool was created. * **Collateral Assets**: A separate dropdown will display a list of assets used as collateral for the pool. This includes: * The type of collateral. * LTV * Exposure *** ### **3. Loan Activity** The **Loan Activity** section allows users to track all loan transactions, both active and historical, across all pools. *** ### **Conclusion** This page is a comprehensive overview for managing pools, viewing statistics, monitoring loans, and tracking performance. Each section provides valuable insights into the pool operations and loan activities.
# Pool Settings #### **Edit Pool Settings Options** When managing a pool, the **Edit Settings** feature allows users to adjust pool configurations based on their level of expertise or specific needs. There are two modes available: *** **1.** [**Lite Mode**](/earn/manage-vaults-pools/pool-settings/lite) Designed for quick and straightforward updates, **Lite Mode** simplifies the process by focusing on essential pool parameters: * **Interest Rate (APY)**: Adjust the annual interest rate charged to borrowers. * **Loan Duration**: Modify the maximum duration for loans issued from the pool. * **Available Liquidity**: Option to toggle whether new loans can be issued based on current liquidity. This mode is ideal for users who want to make minor adjustments without dealing with complex configurations. *** **2.** [**Pro Mode**](/earn/manage-vaults-pools/pool-settings/pro) **Pro Mode** offers advanced customization options for users who want greater control over their pool settings. In addition to the Lite Mode features, Pro Mode allows users to: * **Update LTV Range**: Define or adjust the minimum and maximum Loan-to-Value ratios for the pool. * **Set Collateral Exposure**: Change the maximum exposure limits for each collateral type. * **Advanced Fee Structures**: Customize additional fees, if applicable, for loans or repayments. * **Reward Adjustments**: Update any incentive or reward parameters tied to the pool. This mode best suits experienced users or those looking to optimize their pool for specific market demands. *** By providing both **Lite** and **Pro** options, RainFi ensures that pool management is accessible for beginners while offering advanced features for experienced users.
# Lite **Lite Mode** mirrors the options available during the initial [pool creation](/earn/create-pool/lite) process, focusing on the most essential configurations. It allows users to quickly make changes without delving into advanced details. Key configurations that can be updated in Lite Mode include: * **Interest Rate (APY)**: Adjust the annual percentage yield offered to borrowers. * **Loan Duration**: Change the maximum duration for loans issued by the pool. * **Collateral List**: Update the list of accepted collaterals. * **LTV Settings**: Modify the Loan-to-Value (LTV) ratios for each collateral. This mode is ideal for users who only need to adjust fundamental parameters without altering the pool's structure significantly.
# Pro # Getting started The **Get Started** section in **Pro Mode** is the first step in updating your pool settings. It focuses on defining two fundamental parameters: * **Duration**: * Specify the maximum loan duration for borrowers. * This sets the timeframe within which borrowers must repay their loans. * **APY (Annual Percentage Yield)**: * Define the interest rate borrowers will pay annually. * Adjusting the APY helps align the pool's competitiveness with market demand. This section ensures that users establish the basic structure of their pool before proceeding to advanced customization options.
# Select Tokens #### **Page is exactly same as when creating pool** #### **Collaterals** 1. **Selecting Collateral:** * The user selects one or multiple **tokens** or **NFT collections** to be used as collateral. * A **search input** allows the user to quickly find specific tokens or NFTs. 2. **Setting Parameters:** * The user specifies: * **LTV (Loan-to-Value)** – The percentage of the asset value that can be borrowed. * **Exposure** – The risk level or maximum allocation for this collateral. 3. **Proceeding to the Next Step:** * Once selections and parameters are set, the user clicks **"**[**Next step**](/earn/create-pool/pro/advanced-options)**"** to continue to the next step in the process.
# Advanced Options The **Advanced Pool Options** section allows for more granular control over pool behavior, risk settings, and access restrictions. Below are the available settings for each section: *** #### **Automatic Liquidation** * **Checkbox**: * Enable this option to activate **Automatic Liquidation** for the pool. * When checked, this setting automatically triggers liquidation when a loan meets certain conditions (e.g., loan default, risk threshold). This helps reduce risk exposure by automatically managing underperforming loans. *** #### **Pool Conditions** This section allows you to configure specific conditions for the pool that determine eligibility, risk levels, and loan approval criteria. * **Account Age & History**: * **Minimum Account Age**: * Set the minimum age for accounts that can access the pool. Only borrowers with accounts older than the specified age will be allowed to participate. * **Example**: If you set 6 months, only borrowers with at least 6 months of account history will be eligible. * **Volume & Risk Metrics**: * **Minimum USD Volume**: * Set the required minimum trading volume on **Rain.fi** for borrowers to qualify for the pool. * **Example**: You may want to limit access to borrowers who have traded at least $10,000 worth of assets on Rain.fi. * **Minimum Past Loans**: * **Required Number of Previous Loans**: * Specify the minimum number of loans a borrower should have previously completed on Rain.fi to be eligible to borrow from the pool. * **Example**: Set this to 3 to ensure that only borrowers with at least 3 previous loan transactions are eligible. * **Max Liquidation Ratio**: * **Maximum Allowed Liquidation Ratio**: * Set the maximum ratio of liquidated loans to total loans in the pool. This setting helps control the pool's risk exposure by limiting the number of loans that can be liquidated compared to the total number of loans outstanding. * **Example**: If the maximum liquidation ratio is set to 20%, once 20% of the total loans are liquidated, no further loans can be liquidated until the ratio drops below the threshold. *** #### **Private Loans** This section allows you to restrict access to the pool to specific borrowers, providing greater control over who can borrow from the pool. * **Restrict Pool Access to Specific Borrowers**: * Enable this option to limit pool access to certain borrowers by specifying a **whitelisted list of addresses**. * **Whitelist**: Add the addresses of borrowers you want to allow access to the pool. Only borrowers with whitelisted addresses will be able to borrow from this pool. * **Use Case**: This feature is useful for private pools or pools meant for trusted borrowers only, ensuring access is tightly controlled. *** #### **Advanced Pool Parameters** **(Dropdown Popup - Customizable Settings)**\ The following parameters can be specified to fine-tune the pool’s behavior: * **Pool Utilization Rate** – Define the optimal utilization rate for the pool. * **Minimum Loan Amount (USD)** – The smallest loan amount that can be issued. *(Default: $10)* * **Maximum Loan Amount (USD)** – The largest loan amount that can be issued. *(Default: $100,000)* These options provide greater control over loan allocations and risk management within the pool. *** ####
# Review ### The **Review Page** allows users to verify all the details before finalizing their pool. ### **Final Review & Confirmation** Before finalizing, users should carefully review all parameters to ensure they match their expectations. * If everything looks correct, click **Update pool** to finalize the pool. * If changes are needed, go back and adjust the settings.
# Add/Withdraw liquidity This section allows users to add or withdraw liquidity from a specific vault. The option to manage liquidity helps maintain the desired pool balance and adjust exposure in the vault. *** #### **Vault Edit Button:** * **Vault Edit**: * Each vault has an **Edit** button, located next to the vault’s name. * When you click on the **Vault Edit** button, a **drop down** will appear, offering options for adding or withdrawing liquidity. #### **Popup Options:** * Upon opening the popup, you will be presented with the option to either **Add Liquidity** or **Withdraw Liquidity** from the selected vault. *** #### **Add Liquidity:** 1. **Specify Amount**: * In the **Add Liquidity** section, you can enter the amount of funds you wish to add to the vault. This will increase the total liquidity of the vault, making more funds available for lending across the pools. 2. **Submit**: * After entering the amount, click the **Add Liquidity** button to confirm the transaction. The specified amount will be added to the vault’s balance. 3. **Confirmation**: * Once added, you’ll receive a confirmation message displaying the updated liquidity balance in the vault. *** #### **Withdraw Liquidity:** 1. **Specify Amount**: * In the **Withdraw Liquidity** section, you can enter the amount you wish to withdraw from the vault. The funds will be removed from the vault and become available for other uses. 2. **Submit**: * After entering the withdrawal amount, click the **Withdraw Liquidity** button to confirm the action. The specified amount will be deducted from the vault's liquidity. 3. **Confirmation**: * Once withdrawn, you’ll receive a confirmation message displaying the updated liquidity balance in the vault.
# Delegation Delegation is a feature that allows lenders to allocate their idle funds to another lending protocol that offers a constant yield, while they wait for their liquidity to be borrowed on Rainfi. ### 🔄 P2P and Idle Liquidity P2P lending on Rainfi works like an order book. Lenders create a pool, and their liquidity is made available to be borrowed based on the conditions they define. However, whenever this liquidity isn’t borrowed, it generates **0% APY,** this is called **idle liquidity**. To optimize returns, idle funds can be **delegated** to an external protocol that provides a constant yield. As soon as a borrower requests liquidity on Rainfi, the delegated funds are automatically undelegated and lent to the borrower. *** ### ⚙️ How It Works 1. A lender creates a pool on Rainfi to lend tokens. 2. On the pool page, the lender can access their available vaults and choose to delegate funds to generate yield until a borrow request occurs.
1. Once delegation is activated for a vault: * All idle funds are automatically delegated every hour. * This includes new deposits, repaid loans, and earned interest. * This ensures optimized yield generation. 2. When a borrow request is made on Rainfi, the delegated funds are instantly undelegated and redirected to the borrower. ### 🛠️ Flexibility Delegation gives each user full discretion to decide on which external platform they want to allocate their idle funds. # Liquid **Liquid** () is a protocol that allows users to stake their tokens and receive a liquid staking token (**stToken**) that can be used as collateral to borrow on [Rain.fi](http://rain.fi/). This lets users keep utility and access liquidity while their tokens remain staked. #### 🔁 How It Works * Users stake tokens (e.g. JUP, COLLAT) into **Liquid**. * In return, they receive an **stToken** (non-transferable, non-convertible). * **stTokens** can be used as collateral for borrowing, but **cannot** be transferred or sold. #### 🧷 Unstaking * The unstaking period depends on the underlying staking program: * **stJUP** → **34 days** * **stCOLLAT** → **15 days** * During the unstaking period (e.g. stJUP), users **lose voting power**. * Once unstaking completes, the user receives back the base token. * **1 stToken = 1 base token, always.** #### ⚠️ Liquidation Behavior If a user’s **stToken** position is liquidated: * The stToken is automatically sent to the lender’s wallet. * It remains considered **staked** (with **full voting power restored for stJUP).** * The lender can then choose to unstake if they wish. #### 🔒 Restrictions * Users **cannot create pools** using **stTokens**. * **stTokens are non-transferable** and **cannot be swapped** into any other token. #### 🎁 Rewards Distribution * Users must **claim rewards directly** on Liquid after each distribution. * Rewards are distributed in the form of **stTokens**, which directly increase the staked balance of each user. # Build with Liquid **Liquid** is a staking program for tokens, accessible to everyone. It offers the only solution on Solana for projects to build an advanced staking system where staked tokens can be used as collateral to borrow liquidity. This empowers staking efficiency and strengthens user commitment to the project’s lifecycle. ### ⚙️ Staking Parameters Projects using **Liquid** as their staking solution can fully control the following parameters: * **Unstaking period:** from 1 day to ∞ * **Rewards distribution:** daily, weekly, monthly, etc. * **Custom APY:** define and manage your own yield * Possibility to distribute additional yield with each distribution (project fees, partner airdrops, etc.). * **Staking cap:** set a maximum amount if needed * **Optional whitelisting:** allow your stToken to be used with additional dApps beyond [Rain.fi](http://Rain.fi) ### 🚀 How to Get Started You can request a **Liquid staking program** directly on the [Liquid website](https://liquid.rain.fi/), or by contacting the Rain team on Discord. # Account #### **Account Page Overview** When a user clicks on the **Account** icon(top right corner), a side window slides open from right to left, providing a centralized hub for managing account settings, navigating the dashboard, and accessing other key features. *** **Features and Actions** 1. [**Change Account Settings**](/account/settings) * Update personal and account-related configurations. 2. [**Navigate to Dashboard**](/account/dashboard) * Quickly access specific sections of the dashboard: * **Debts**: View and manage outstanding loans. * **NFTs**: Track and manage NFTs used as collateral or held in the wallet. * **My Earn**: Manage pools and lending activity. * **Activity**: Review account history, including past transactions and actions. 3. [**Buy Tokens by Credit Card**](/account/buy-token) * Directly purchase tokens using a linked credit card for seamless transactions. 4. [**Logout**](/account/logout) * Securely log out of the account. *** **Displayed Information** 1. **Liquidation Rate** * Shows the percentage rate at which the user's loans are at risk of liquidation. 2. **Total Amount** * Displays the total value of assets and collateral in the account. 3. **Current Loan** * Provides an overview of the user's active loan amount. 4. **Collateralized Balance** * Reflects the total value of assets currently being used as collateral for active loans. *** This **Account Page** is designed to offer users quick access to essential tools and insights, streamlining account and activity management.
# My Pools The **My Pools** page provides a detailed overview of user activity within the RainFi platform. When user click on **My Pools** from your account, you’ll be redirected to this page, where you can view three distinct sections, each providing valuable insights into your pools and activities. #### **1. Total Earnings | Current Loans | Lent Amount** This section provides a snapshot of your overall activity and financials within the platform: * **Total Earnings**: * Displays the total amount of interest or returns you’ve earned from the loans you’ve lent out across all your pools. This amount reflects your passive income from lending activities. * It’s updated in real-time based on the interest accrued and repayments made by borrowers. * **Current Loans**: * Shows the number of active loans you currently have in the system. * **Lent Amount**: * Reflects the total amount of capital you’ve lent out to borrowers across all pools. * This figure shows the principal funds you've invested in different lending pools. *** #### **2. Vaults** The **Vaults** section provides an overview of the various pools connected to each vault. * **Vault Overview**:\ A **Vault** contains multiple pools, each with its own set of lending and borrowing activities. When you click on a **Vault**, you’ll see a list of all the connected pools associated with it. * **Pools in the Vault**:\ Each vault holds a collection of pools that are organized under it. By clicking on a vault, you can view all the pools that are linked to that particular vault. * **Pool Management**: * Each pool listed within the vault has a **settings button**, which allows you to **edit the pool’s settings** or **disable the pool** if you no longer wish to lend or borrow through it. * Additionally, there is an **arrow icon** next to each pool. Clicking on this arrow reveals detailed information about the pool, including: * **Duration**: The length of time for which the pool will remain active. * **APY (Annual Percentage Yield)**: The interest rate or return you can expect from the pool over a year. * **Available Amount**: The total funds currently available for lending in that specific pool. * **Collateral Information**: The types of collateral attached to the pool, along with their corresponding **Loan-to-Value ratios (LTVs)**. This helps you assess the risk associated with the collateral used in each pool. This structure makes it clear how users can interact with the vaults and pools, providing them with the flexibility to manage their investments effectively while also giving them a detailed breakdown of each pool's settings and performance. *** #### **3. Loan Activity** The **Loan Activity** section tracks all actions and updates related to the loans you have participated in: * **Loan History**: * A list of all the loans you have lent out, with detailed information such as the **borrower’s name**, **loan amount**, **interest rate**, and **loan term**. * You’ll also see the **loan status** (e.g., **Active**, **Repaying**, **Completed**, **Defaulted**). * **Repayments**: * Shows a detailed log of all the repayments made by the borrower for each loan you have lent. * It includes both principal and interest payments, as well as the outstanding amount for each loan. * **Loan Terms**: * Provides information on the **repayment schedule**, **interest rates**, and **due dates** for each active loan. * This allows you to track when you can expect returns from your lent amount and monitor borrower compliance. * **Default Alerts**: * If any of your loans fall into default or the borrower misses a repayment, you’ll be notified here. * This helps you quickly identify loans that need attention, such as potential defaults or missed payments. *** #### **UI/UX Design Suggestions** (Optional) If you're including UI/UX design tips in your documentation, you can also provide guidance here: * Use **cards** or **expandable sections** to present each of these three sections clearly, with **icons** to make the page more visually appealing and easier to navigate. * Display **real-time updates** for earnings, loan status, and vault performance to give users the latest data at a glance. * Offer **filters** or **sorting options** to allow users to easily sort loans by status, repayment dates, or amounts. * Include **tooltips** or **info icons** to provide additional details when a user hovers over specific terms (like “vault status” or “collateral”). *** #### **Conclusion** The **My Pools** page provides a comprehensive view of your activity as a lender on the platform. By understanding your **Total Earnings**, monitoring your **Vaults**, and tracking your **Loan Activity**, you can make informed decisions about your investments, manage your risks, and maximize your returns in the P2P lending ecosystem.
# Pool Settings Each pool has its own **settings** that can be monitored and adjusted as needed. * **Settings Menu**:\ The **settings menu** provides the following options: * **Edit Pool Settings**:\ Here, you can update the core settings of the pool, including the **duration**, **APY**, and any other parameters such as available amounts and collateral requirements. * **Disable Pool**:\ If you no longer wish to participate in the pool, you can **disable** it. Disabling the pool will prevent any new users from joining or lending/borrowing in it, while existing transactions may still remain active. * **Edit Pool Profile**:\ You can also customize the **profile** of the pool by clicking on the **Edit Pool Profile** option. This allows you to: * Change the **pool name** to something more recognizable or relevant. * Update the **banner image** and other visual elements to better reflect the pool's branding and appearance. By managing these settings, you can ensure that your pool remains aligned with your goals and preferences, while also allowing you to make quick adjustments if needed.
# Settings #### **Account Settings** The **Account Settings** section allows users to customize their preferences for a more personalized and efficient experience. *** **Available Options** 1. **Theme** * Toggle between **Dark Mode** and **Light Mode** for the interface. * Enhances usability based on user preference or ambient lighting. 2. **Preferred Blockchain Scanner** * Select the default blockchain explorer for viewing transaction details: * **Solscan** * **SolanaFM** * **Solana Beach** * **Solana Explorer** 3. **Custom RPC** * Configure a custom Remote Procedure Call (RPC) endpoint for improved performance or connectivity. * Ideal for users who prefer specific RPC nodes or wish to avoid shared endpoints. *** This flexibility ensures that users can tailor the platform to their specific needs and preferences.
# Dashboard #### **Dashboard Overview** The **Dashboard** serves as the central hub for users to track and manage their financial activities on the platform. It is divided into the following key sections: *** **1.** [**Overview**](/account/dashboard/overview) * Provides a summary of the user's account, including: * Current stats * All-time statistics (borrower) * Liquidation rate. **2.** [**Debts**](/account/dashboard/active-loans) * Tracks active loans and borrowing details, including: * Outstanding amounts. * Due dates. * Interest rates. * Allows users to manage loans, such as making repayments or extending terms. **4.** [**Activity**](/account/dashboard/activity) * Logs the user's transaction history and actions, including: * Borrowing and lending transactions. * Collateral updates. * Provides filters to view specific types of activity. *** The **Dashboard** ensures users have a comprehensive view of their financial position and tools to effectively manage their activities.
# Overview #### **Overview Page** The **Overview Page** provides users with a comprehensive summary of their account's financial activity, divided into key sections: *** **1. Current Stats** * Displays real-time account metrics: * **Loans**: Number of active loans. * **Mortgages**: Total number of collateralized assets. * **Current Total Debt**: Total outstanding loan amount. * **Current Total Interest**: Accrued interest on active loans. *** **2. All-Time Statistics (Borrower)** * Summarizes the user's borrowing history: * **Loans**: Total loans taken. * **Mortgages**: Total collateralized assets used. * **Liquidations**: Count of loans liquidated. * **Volume**: Total amount borrowed over time. *** **3. All-Time Statistics (Lender)** * Provides insights into the user's lending activity: * **Active Loans**: Number of ongoing loans in the user's pool(s). * **Total Amount**: Total liquidity added across pools. * **Borrowed Amount**: Total value borrowed from the user's pools. * **Collections (Tokens + NFTs)**: Assets available in pools. * **Direct Actions**: * Edit existing pools directly from this section. * View detailed lending statistics for better pool management. *** **4. Liquidation Rate** * Shows the user's liquidation risk percentage. * **Note**: A high liquidation rate may limit platform access as lenders could deny usage of their pools. Keeping this rate low is crucial for uninterrupted services. *** This structured overview ensures both borrowers and lenders can effectively monitor and manage their activities on the platform. The **Overview Page** is designed to provide users with a snapshot of their account's key metrics, divided into three main sections: *** **1. Current Stats** * Displays up-to-date financial data for the user's account, including: * **Loans**: Number of active loans. * **Mortgages**: Number of collateralized items (tokens or NFTs). * **Current Total Debt**: Total amount borrowed across all loans. * **Current Total Interest**: Accumulated interest on active loans. *** **2. All-Time Statistics (Borrower)** * Highlights historical borrowing activity and overall performance: * **Loans**: Total number of loans taken. * **Mortgages**: Total number of collateralized assets used. * **Liquidations**: Count of loans liquidated due to non-repayment. * **Volume**: Total borrowed amount over time. *** **3. Liquidation Rate** * Indicates the user's current liquidation risk as a percentage. * **Important**: A high liquidation rate may restrict platform access, as lenders might deny participation in their pools. Maintaining a low rate ensures uninterrupted services and continued borrowing opportunities.
# Active Loans #### **Debt Tab Overview** The **Active Loans Tab** allows users to manage and control their active debts with ease. The tab displays debts in a structured table or grid format, showing key details about each loan. **Grace Period** Each loan have a grace period that equal 1 hour per day borrowed, with a maximum of 8 hours. During grace period, interest are doubled. Grace period should only be used in emergency cases to avoid getting liquidated. *** **Key Features** 1. **Select All / Deselect All** * Buttons at the top allow users to select or deselect all loans in the table at once. 2. **Active loans Table**\ The Active loans table consists of the following columns: * **Collateral**: Type of collateral used for the loan (e.g., tokens or NFTs). * **Type**: The type of loan or agreement. * **Loan Amount**: The amount borrowed. * **Collateral Value**: The current value of the collateral. * **Est. PnL**: Estimated profit or loss based on the collateral and loan status. * **Interest**: The accrued interest on the loan. * **Fund Date**: The date the loan was issued. * **Action**: The available actions for each loan. *** **Actions** Each loan entry has a checkbox that allows users to select specific loans for applying actions. The **Action** icon is located to the left of the checkbox. Available actions include: **Token Actions** For loans with tokens as collateral, the available actions are: 1. [**Market Sell**](/account/dashboard/active-loans/market-sell)\ Quickly sell the collateral token at the current market price to pay off the loan. 2. [**Extend**](/account/dashboard/active-loans/extend)\ Extend the loan duration to delay repayment and avoid liquidation. 3. [**Repay**](/account/dashboard/active-loans/repay)\ Repay the loan and retrieve the collateral used for the loan. 4. [**Add to Calendar**
](/account/dashboard/active-loans/add-to-calendar)Set a reminder for the loan repayment due date to ensure timely repayment. **NFT Actions** For loans where NFTs are used as collateral, the actions differ slightly: 1. **List NFT for Sale**\ List the collateralized NFT for sale on the RainFi platform's marketplace. 2. **Market Sell NFT**\ Similar to tokens, sell the collateralized NFT at the current market price to pay off the loan. 3. [**Extend**](/account/dashboard/active-loans/extend)\ Extend the loan duration to delay repayment and avoid liquidation. 4. [**Repay**](/account/dashboard/active-loans/repay)\ Repay the loan and reclaim the NFT used as collateral. 5. [**Add to Calendar**
](/account/dashboard/active-loans/add-to-calendar)Set a reminder for the loan repayment due date to avoid missing the deadline. *** This layout ensures that users have full visibility and control over their loans while providing easy access to key actions. Token Actions
**NFT Actions**
# Market Sell ### **Market Sell - Action Overview** The **Market Sell** action allows users to instantly sell their collateral on a decentralized exchange (DEX), such as **Jupiter**, to pay off an active debt. This is especially useful for users engaged in **Margin Swap** (leveraged trading) who wish to exit their position before the loan term ends, either due to a profitable position or a desire to close the loan early. **Main Use Case** The **Market Sell** action is mainly used in [**Margin Swap**](/trade/margin-swap) (leverage trading) scenarios. It is ideal when: * The user has made a profit and wishes to close their position early. * The user wants to minimize risk and pay off their loan as soon as possible, regardless of the loan term. * 1% of fees on the swapped amount This action provides flexibility for users to manage their leveraged positions, avoid potential losses, and maintain better control over their collateralized assets.
# Extend ### **Extend Loan - Action Overview** The **Extend Loan** action allows users to extend the duration of an existing loan by repaying the current loan and taking out a new one under the same pool conditions. #### **How It Works** 1. **Select Loan to Extend**: * The user first selects the loan they wish to extend from their active debts. 2. **Choose the Extend Option**: * Next, the user clicks the **Extend** option, located next to the selected loan's checkbox. This will open a **popup window** where the user can view the loan details. 3. **Adjust Loan Amount and Duration**: * In the popup window, the user can: * Adjust the loan amount they wish to extend. * Change the loan duration (by default, the maximum duration for the pool is selected). 4. **Confirmation**: * After making the desired changes, the user confirms the loan extension. Once confirmed, the current loan is repaid, and a new loan is issued with the updated amount and duration. #### **Main Use Case** The **Extend Loan** action is primarily used when: * The user wants to extend the loan duration without changing the collateral or pool conditions. * The user wishes to delay repayment and take advantage of the maximum available loan duration. This feature offers a simple way to manage active loans and avoid liquidation by extending the repayment period.
# Repay ### **Repay Loan - Action Overview** The **Repay Loan** action allows users to pay back their active loans, retrieve their collateral, and reduce their outstanding debts. This option also provides the benefit of early repayment, which can lower the total interest paid. #### **How It Works** 1. **Select Loan to Repay**: * The user selects the loan they wish to repay from their active debts. 2. **Choose the Repay Option**: * The user clicks the **Repay** option located next to the selected loan's checkbox. This action opens a **popup window** with detailed repayment information. 3. **View Repayment Details**: * The popup window displays: * The total amount due to repay the loan, including principal and interest. * Additional information about early repayment benefits, if applicable. 4. **Early Repayment Benefits**: * If the user chooses to repay the loan before the scheduled term: * Interest savings are calculated and displayed. * Early repayments require a **minimum of 30% of the total interest**, making it a cost-effective option to close loans early. * The interest will start to **grow** from the 3rd day 5. **Confirmation**: * The user confirms the repayment. Once the transaction is completed, the loan is fully settled, and the collateral is returned to the user's account. #### **Main Use Case** The **Repay Loan** action is ideal for: * Users who want to fully close their loans and retrieve their collateral. * Borrowers seeking to save on interest by paying off their loans early. This feature provides flexibility and cost savings, encouraging responsible debt management.
# Add to calendar ### **Add to Calendar - Action Overview** The **Add to Calendar** action allows users to set a reminder for their loan repayment due date, helping them avoid missing deadlines and potential liquidation. #### **How It Works** 1. **Select Loan to Add Reminder**: * The user selects the loan for which they want to set a reminder. 2. **Choose the Add to Calendar Option**: * The user clicks the **Add to Calendar** option located next to the selected loan's checkbox. This action opens a prompt to add the due date to their preferred calendar application. 3. **Calendar Integration**: * The loan's repayment due date is added to the user's calendar as an event. 4. **Reminder Notification**: * The calendar application will notify the user as the due date approaches, ensuring they do not forget to repay their loan. #### **Main Use Case** The **Add to Calendar** action is perfect for users who: * Want to stay organized and keep track of their loan repayment deadlines. * Need a proactive reminder to prevent overdue payments and avoid liquidation. # Activity ### **Activity Tab - Overview** The **Activity Tab** provides the current and a detailed history of the user's activity on the platform, including loans, repayments, and other transactions. This section is designed to help users track and manage their activities effectively. #### **Key Features** 1. **Filter Activities by Status**: * A **dropdown filter** allows users to view specific types of activities: * **All loans**: Displays all loan activities. * **Ongoing**: Shows active loans. * **Repaid**: Lists loans that have been fully repaid. * **Liquidated**: Highlights loans that were liquidated. * **Sold**: Shows loans that were sold through Market Sell. 2. **Export to CSV**: * A button next to the filter allows users to export their activity history as a **CSV file** for offline review or record-keeping. 3. **Activity Table/Grid**: * The activities are displayed in a structured table or grid format with the following columns: * **Collateral**: The asset or NFT used as collateral. * **Type**: Indicates whether the activity was **Lent** or **Borrowed**. * **Loan Amount**: The amount of the loan. * **Collateral Value**: The value of the collateral provided. * **PnL**: Profit and Loss for the activity. * **Interest**: The interest incurred or earned. * **Ends At**: The end date of the loan or activity. * **Status**: Displays the current status of the activity (**Ongoing**, **Repaid**, **Liquidated**, or **Sold**). * **Loan Details Icon**: A small "i" icon provides detailed information about the loan when hovered over with the mouse. #### **Use Case** The **Activity Tab** is ideal for users who want to: * Monitor the status of their loans and other activities. * Export transaction histories for financial tracking or reporting. * Review details of specific loans, such as terms, interest, and performance. This tab offers a centralized view of user activities, enabling better tracking and management of platform interactions. *** This documentation outlines the functionality and purpose of the **Activity Tab**, highlighting its filtering and export capabilities alongside detailed activity tracking.
# Buy token This section allows users to buy tokens directly using various payment methods such as **Credit Card**, **SEPA**, **PayPal**, or **GPay**. The process is straightforward and integrated within the user profile. *** #### **User Profile:** * **Popup - "Buy $SOL with Credit Card"**: * In the **User Profile** section, there is an option to **Buy $SOL** (or other supported tokens) directly with a credit card. * When you click the **"Buy $SOL with Credit Card"** button, a **popup window** will open, offering the option to choose a payment method and select the token you wish to purchase. *** #### **Popup Flow:** 1. **Choose Payment Method**: * When the popup opens, you are presented with several payment method options: * **Credit Card** * **SEPA** (for European bank transfers) * **PayPal** * **Google Pay (GPay)** Select your preferred payment method from the available options. 2. **Select Token**: * After choosing a payment method, you can select which token you want to buy. In this example, **$SOL** is the default token, but you may also have other tokens available (e.g., $ETH, $BTC, etc.). 3. **Enter Purchase Amount**: * Specify the amount you want to spend or the amount of tokens you wish to purchase. The amount will be converted according to the selected token's current price. 4. **Email Verification** * **Enter Email**: * To begin the purchase, you will be prompted to enter your **email address**. * This email will be used to send a **confirmation code** to verify your identity. * **Enter Confirmation Code**: * After submitting your email, you will receive a confirmation code in your inbox. * **Input the confirmation code** in the popup to proceed 5. **KYC - Personal Information** * **Enter Personal Information**: * In the KYC process, you will need to provide basic personal details such as: * Full Name * Date of Birth * Nationality * Address * **Submit Information**: *** #### **Payment Method Details:** **Credit Card:** * **Credit Card Option**: * Enter your card details, including the card number, expiration date, and CVV. * Secure payment processing will be done to complete the transaction. **SEPA:** * **SEPA Option**: * Choose SEPA for bank transfer payments (only available for users in Europe). * Provide your bank details (IBAN) to complete the transfer. * Once the payment is processed, the purchased tokens will be credited to your account. **PayPal:** * **PayPal Option**: * Select PayPal as the payment method. * Log in to your PayPal account to complete the payment. * The transaction is processed securely via PayPal. **Google Pay (GPay):** * **GPay Option**: * Choose **Google Pay (GPay)** for fast and easy mobile payments. * Confirm the payment via your linked Google Pay account.
# Logout # Droplets ### **Droplets Page - Overview** The **Droplets Page** tracks and displays the user's **Droplets**, a point-based reward system designed to incentivize platform activity such as lending, borrowing, and referrals. #### **Accessing the Droplets Page** * On the **top right corner** of the platform, a **Droplets Icon** with a number indicates the user's current droplet count. * Clicking the icon redirects the user to the **Droplets Page**, where detailed statistics and leaderboards are displayed. *** #### **Droplets Statistics** At the top of the page, users can view their droplets breakdown: 1. **Total Droplets**: * Displays the total number of droplets accumulated by the user. 2. **Lending Droplets**: * Earned by providing liquidity in pools. * Hovering over the "i" icon provides the following details:\ *"Providing liquidity in your pool earns 1 droplet per USD deposited in your pool per day and 1.5 droplets per USD lent per day by your pool."* 3. **Borrowing Droplets**: * Earned by borrowing liquidity from RainFi pools. * Hovering over the "i" icon provides the following details:\ *"Borrowing liquidity from Rain pool earns 2.25 droplets per dollar borrowed per day."* 4. **Referral Droplets**: * Earned when other users borrow using your referral link. *** **Liquidation**\ No dropelts are earned on liqudations *** #### **Referral Link** At the bottom of the statistics section, users can find their **unique referral link**. * This link can be shared to invite others to RainFi and earn referral droplets when they borrow liquidity. *** #### **Droplets Leaderboard** The **Droplets Leaderboard** showcases the top users based on their droplet earnings, helping to encourage healthy competition within the community. **Leaderboard Columns**: * **Rank**: The user's ranking on the leaderboard. * **User**: The username, if provided, otherwise masked wallet address of the ranked individual. * **Lending Points**: Droplets earned from lending activity. * **Borrowing Points**: Droplets earned from borrowing activity. * **Referral Points**: Droplets earned from referrals. * **Total**: Total droplets earned, combining all categories. *** #### **Key Benefits** The **Droplets Page** allows users to: * Track and optimize their activity to maximize droplet rewards. * Engage with the RainFi community through the leaderboard. * Share referral links to invite others and earn additional rewards. This gamified system adds a competitive and rewarding element to the RainFi ecosystem, encouraging active participation and platform growth. *** This documentation captures the functionality and purpose of the **Droplets Page**, making it easy for users to understand how to engage and earn rewards effectively. # Chat ### **Chat Feature** The **Chat** functionality enables users to communicate directly with others on the Rain.Fi platform. This feature is designed to foster collaboration, information sharing, and seamless interaction between users. *** #### **How to Use the Chat Feature** 1. **Accessing the Chat** * Locate the **chat icon** in the bottom-right corner of the platform. * Click on the icon to open the chat popup. 2. **Adding a Recipient** * In the popup, click on the **plus (+) sign**. * Enter the **wallet address** of the user you want to message. 3. **Sending a Message** * Once the wallet address is added, select it from the list to open a chat window. * Enter your message in the **text field** on the second page of the popup. * Click the **send button** to deliver your message. *** #### **Features** * **User-to-User Messaging**: Send private messages to any wallet address registered on Rain.Fi. * **Popup Interface**: Quick and easy access to messaging without leaving the current page. * **Recipient Management**: Add wallet addresses dynamically for new or existing contacts. *** #### **Use Cases** * **Collaboration**: Discuss terms of loans or lending agreements. * **Community Interaction**: Connect with other users for tips, advice, or general inquiries. * **Transaction Follow-Ups**: Communicate about ongoing or completed transactions directly on the platform. *** The **Chat Feature** ensures smooth communication between users, promoting a more connected and interactive experience on Rain.Fi.
# Stats & Resources ### **Additional Resources Menu** The **Additional Resources Menu** provides quick access to important features, statistics, and external resources for enhanced platform engagement and transparency. *** #### **Accessing the Menu** * Located next to the **Earn Menu**, there is a **Downward Arrow Icon**. * Clicking the icon opens a dropdown menu with a variety of internal tools and external links. *** #### **Menu Options** **Internal Features** 1. [**Analytics**](/stats-and-resources/analytics): * Provides detailed insights into platform performance and user activity. 2. [**Statistics**](/stats-and-resources/statistics): * Displays key metrics, including lending and borrowing data, total volume, and platform usage. 3. [**FAQ**](/stats-and-resources/faq): * A comprehensive list of frequently asked questions to assist users with common inquiries. 4. [**NFT Collections**](/stats-and-resources/nft-collections): * View a curated list of NFT collections available for collateral or trading on the platform. 5. [**Collections Stats**](/stats-and-resources/collection-stats): * Displays specific data for each NFT collection, such as volume, activity, and liquidity. *** **External Resources** The following external links ensure users have access to additional support, technical tools, and legal information: 1. **Security Audit**: * Provides transparency into the platform’s security measures through detailed audit reports. 2. **Documentation**: * A complete guide for users, covering every aspect of the platform. 3. **API**: * Access the platform’s API documentation for developers looking to build integrations. 4. **SDK**: * Provides tools and libraries for developers to interact with the platform. 5. **Legal & Privacy**: * Links to legal disclaimers, terms of use, and privacy policies for compliance and clarity. *** #### **Benefits of the Additional Resources Menu** * **Centralized Information**: Quickly access analytics, statistics, and educational materials. * **Transparency**: Explore security audits and legal documentation for trust and assurance. * **Developer-Friendly**: Tools like the API and SDK enable seamless integration with third-party applications. * **User Support**: FAQ and documentation ensure users have the resources they need. *** This documentation outlines the structure and purpose of the **Additional Resources Menu**, making it clear and accessible for all platform users. # Analytics The **Analytics Page** is designed to provide in-depth insights into the platform’s activity, focusing on token and pair-specific data. It offers tools to analyze trends, distribution patterns, and recent activity. *** #### **Sections Overview** *** #### **1. Token Analytics** The **Token Analytics** section provides an overview of activity related to a specific token. * **Token Selection**: * Located on the top-left, users can select the token they wish to analyze. * **Date Range Options**: * On the top-right, users can choose between **7D**, **15D**, and **30D** to filter analytics by time period. * **Displayed Metrics**: * **Volume & Loan Count**: Total transaction volume and the number of loans for the selected period. * **Average APY**: The average annual percentage yield during the chosen period. * **Interest Earned**: The total interest accrued within the selected timeframe. * **Total Value Locked (TVL)** vs **Available Liquidity**: A comparative metric showing the locked value versus available liquidity for the token. *** #### **2. Pair Statistics** This section provides detailed analytics for token-collateral pairs. * **Collateral Selection**: * On the right, a list of the **Most Used Collaterals** is displayed. * Users can select a specific collateral to view pair statistics with the selected token (e.g., USDC-NFT pairs). * **Displayed Metrics**: * **Total Interest**: Cumulative interest earned on the pair. * **Average Interest (per loan)**: Average interest generated per loan. * **Total Amount Borrowed (Loan Count)**: Aggregate borrowing amount along with the number of loans. * **Past Loans LTV**: The average and median loan-to-value ratio of past loans. * **Ongoing Loans LTV**: The average and median LTV of current loans. * **Liquidation Rate**: The percentage of loans that have been liquidated. * **Average Duration**: The mean duration of loans in this pair. * **Average APY**: Average annual percentage yield for the pair. * **Daily Trends Chart**: * A line graph displaying daily activity trends for the pair, such as volume and interest. *** #### **3. LTV Distribution** * A **bar chart** showcasing the distribution of LTV (Loan-to-Value) percentages and their corresponding volume for the selected token. *** #### **4. APY Distribution** * A **bar chart** displaying the distribution of APY percentages and their associated volume. *** #### **5. Duration Distribution** * A **bar chart** visualizing the percentage distribution of loan durations and their volume. *** #### **6. Recent Loans** * A **table** listing recent loans involving the selected token. * Includes detailed information such as loan amount, interest rate, duration, and status. *** #### **Benefits of the Analytics Page** * **Data-Driven Decisions**: Helps users and lenders optimize their strategies based on trends and distributions. * **Transparency**: Offers a comprehensive breakdown of platform activity and loan behavior. * **Ease of Access**: Simple navigation and filters for specific tokens and collaterals. *** This page is an essential tool for analyzing token activity and pair performance on the platform. [View Analytics](https://rain.fi/analytics) # Statistics ### **Statistics Page** The **Statistics Page** offers a detailed summary of platform-wide metrics, top performers, and data visualizations for better insight into the platform's ecosystem. *** #### **Sections Overview** *** #### **1. Overview Metrics** This section highlights key aggregated statistics: * **Total Volume**: The total volume on the platform. * **Total Loans**: The cumulative number of loans processed. * **Current Loans**: The number of active loans on the platform. * **Total Mortgages**: The total count of mortgage-based loans. *** #### **2. Performance Metrics** **Top Lenders** Displays the most active lenders, ordered by volume.\ For each lender, the following metrics are shown: * **Volume**: Total lending volume. * **Total Loans**: Number of loans provided. * **Active Loan Count**: Current loans provided by the lender. * **Interest**: Total interest recently earned. * **Liquidations Count**: Total number of liquidated loans. **Top Borrowers** Lists the most active borrowers, ordered by volume.\ For each borrower, the following metrics are displayed: * **Volume**: Total borrowing volume. * **Total Loans**: Number of loans taken. * **Active Loan Count**: Current loans by the borrower. * **Droplets Count**: Number of droplets earned. * **Liquidations Count**: Total number of liquidations. **Top Collections** Showcases the top token or NFT collections used on the platform. * Collections are ranked based on their usage and volume metrics. *** #### **3. Data Visualizations** **Assets vs. Liabilities** A visual representation comparing total assets locked as collateral versus outstanding liabilities. **Total Volume** A chart illustrating the cumulative transactional volume over time. **Daily Volume** A breakdown of daily transactional volume trends. *** #### **Benefits of the Statistics Page** * **Performance Insights**: Recognize top-performing lenders, borrowers, and collections. * **Trend Analysis**: Understand platform growth and activity through visualized metrics. * **Data Transparency**: Get a clear picture of the platform's overall performance. *** This page provides an essential overview for both users and stakeholders to evaluate platform activity and identify trends. [View Statistics](https://rain.fi/stats) # FAQ ### **FAQ Page** The **FAQ Page** is a dedicated resource for users to find quick and clear answers to common questions about the platform. It ensures that users can navigate and understand RainFi's features with ease. *** #### **Structure and Layout** 1. **Search Bar**\ At the top of the page, a **Search Bar** allows users to type keywords or questions to quickly locate relevant information. 2. **Categorized Sections**\ The FAQs are grouped into categories for easier navigation. Each category contains multiple questions and their corresponding answers. Example categories might include: * **General**: Covers basic platform details and operations. * **Borrowing**: Focuses on how to borrow tokens or NFTs. * **Lending**: Answers questions related to creating and managing lending pools. * **Droplets**: Explains how to earn, track, and use droplets. * **Security**: Discusses wallet integrations, audits, and safety measures. * **Fees and Payments**: Breaks down interest rates, fees, and payment methods. * **Troubleshooting**: Offers solutions to common technical issues. 3. **Expandable Questions**\ Questions are displayed as collapsible sections, with answers revealed upon clicking the question. This ensures a clean and organized interface. *** #### **Key Features** * **Interactive Design**: Each answer may include helpful links to other pages or actions, such as "Learn More" or "View Details." * **Contact Support Option**: If users cannot find their answer, a button at the bottom of the page redirects them to the **Support Page** for further assistance. * **Dynamic Updates**: FAQs are updated regularly to include new features and address emerging user concerns. * **Mobile-Friendly**: Optimized for seamless navigation on both desktop and mobile devices. *** #### **Benefits of the FAQ Page** * **Self-Service Help**: Empowers users to resolve questions independently, reducing reliance on support. * **Quick Access to Information**: Organized content helps users save time by navigating directly to the answers they need. * **Improved User Experience**: A comprehensive FAQ enhances user confidence in using the platform. *** The FAQ Page ensures a smooth user journey by offering clear, concise, and easily accessible answers to common questions. # NFT Collections ### **NFT Collection Page** The **NFT Collection Page** allows users to explore, manage, and utilize NFT collections as collateral for lending pools. It is designed to simplify creating or editing pools and provide comprehensive details about available NFT collections. *** #### **Page Features** 1. **Direct Pool Access**\ At the top right of the page, users can directly navigate to the [**Create Pool**](/earn/create-pool) or [**Edit Pool** ](/earn/manage-vaults-pools/pool-settings)sections, enabling quick actions for pool management. 2. **Search and Filters** * **Search Input**: A search bar allows users to look up specific NFT collections by name or identifier. * **Order Dropdown**: Users can sort collections based on various criteria: * Highest Floor Price * Lowest Floor Price * Highest Amount * Highest LTV * Longest Duration * Shortest Duration * Highest APR * Lowest APR * Trending * **Lending Token Selector**: A dropdown to filter collections based on the lending token pool. 3. **NFT Collections Table**\ The main table displays a list of NFT collections with the following columns: * **Collection**: Name of the NFT collection. * **Liquidity**: Total liquidity available for the collection. * **Floor Price**: Current floor price of the NFTs in the collection. * **APR**: Average Annual Percentage Rate for loans using this collection. * **Duration**: Typical loan durations available for this collection. * **Best Offer**: The most favorable loan offer for this collection. * **Status Icon**: * Displays a **Settings Icon** if the collection is already added as collateral in the user’s pool. * Displays a **Plus Icon** if the collection is not yet added. 4. **Add/Edit Collateral** * Clicking on the **Status Icon** opens a popup window. * The popup provides options to: * Add the NFT collection to the user’s pool as collateral. * Edit the existing pool configurations for the collection. *** #### **Benefits of the NFT Collection Page** * **Efficient Pool Management**: Directly access tools to manage NFT collateral pools. * **Enhanced Search and Sorting**: Quickly locate and evaluate collections based on user preferences. * **Comprehensive Overview**: View essential statistics like liquidity, floor price, and APR at a glance. * **Seamless Actions**: Instantly add or edit collections with an intuitive interface. *** The **NFT Collection Page** is a hub for managing NFT collateral, enabling users to make informed decisions and streamline pool operations. # Collection Stats ### **Collections Page** The **Collections Page** provides a complete overview of all NFT collections supported on Rain.Fi, along with tools to search and analyze individual collections. *** #### **Page Features** 1. **Search Bar** * A simple search input allows users to quickly find a specific NFT collection by name. 2. **NFT Collection List** * The page displays a comprehensive list of all NFT collections supported on Rain.Fi. * Each listed collection is clickable, leading to its detailed analytics page. 3. **NFT Collection Analytics**\ When a user clicks on an NFT collection, they are directed to the **NFT Collection Analytics Page**, which includes: * **Chart of Time and Volume**: A visual representation showing trends in the collection’s activity, including trade volume over time. * **Current and Historical Loan Usage**: * **Current Loans**: Displays ongoing loans using the selected NFT collection as collateral. * **Loan History**: Shows past loans where this NFT collection was used, providing insights into loan terms, APR, and durations. *** #### **Benefits of the Collections Page** * **Comprehensive Overview**: Access detailed analytics and trends for all NFT collections in one place. * **Easy Navigation**: Quickly search and explore specific collections. * **Insightful Data**: Understand how NFTs are being used in the Rain.Fi ecosystem for borrowing and lending. *** The **Collections Page** empowers users with detailed information about NFT collections, supporting data-driven decisions for both borrowers and lenders. # Oracles # External ### **External Resources** The **External Resources** section provides quick access to essential tools, documentation, and legal resources associated with Rain.Fi. It ensures that users have the necessary information and support for seamless platform use. *** #### **Available Links** 1. [**Security Audit**](https://www.halborn.com/audits/rain-protocol/rain-v2-fa6cfa) * A detailed report on Rain.Fi’s security measures, ensuring platform reliability and transparency. 2. **Documentation** * Comprehensive guides and references for using Rain.Fi’s features, APIs, and tools. 3. [**API**](https://api-v2.rain.fi/documentation) * Access to the Rain.Fi API for developers to integrate platform features into their own projects. 4. [**SDK**](https://www.npmjs.com/package/@rainfi/sdk) * Software Development Kit for developers to build custom applications leveraging Rain.Fi’s functionalities. 5. [**Legal & Privacy**](https://rain.fi/legal) * Links to Rain.Fi’s Terms of Service, Privacy Policy, and other legal documentation, ensuring compliance and clarity for users. *** #### **How to Access** * Users can find the **External Resources** menu by clicking the **arrow-down icon** next to the **Earn Menu**. * The menu expands to display all available resources for direct navigation. *** #### **Purpose** * **For Developers**: Access tools like APIs and SDKs to create integrations or custom applications. * **For Users**: Stay informed about platform security and legal policies. * **For Everyone**: Ensure transparency and trust through accessible audits and documentation. *** This section is a centralized hub for all external resources, making it easier for users to access critical information and tools related to Rain.Fi.