Lenders
Last updated
Last updated
Lenders are any participants who wish to lend USDC to qualified borrowers for fixed terms of 6-month maturities and receive receipt tokens, called Term Bound Yield tokens or TBYs
for short.
At the end of the token's maturity, the lender will have the ability to redeem their TBY
for their original principal amount plus any interest that is generated during the 6-month time period.
If you are interested in becoming a lender within the BloomPool
system, visit our , and lend your USDC today!