Position summary
Defaulted · unclaimedBorrowerread as the lender · Read as the borrower- Collateral, explain
- FRENS #5984
- Interest, explain
- 0.02 counted to the deadline
- Accrues, explain
- 125% a year
This loan has defaulted and no one has claimed it yet: its deadline passed unpaid, and the escrowed FRENS #5984 is the lender’s to claim at any time
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The bars are the loan's two sides: the collateral the borrower locked (FRENS #5984) and the debt the borrower owes the lender. This wallet is the lender: the debt is what it is owed. PWN has no price oracle, so nothing states what the FRENS is worth in WETH: the collateral bar is in FRENS and the debt bar in WETH, each on its own scale, and the two lengths do not compare. The line draws each side on its own scale too.
Only three rows move a token: the creation locks the collateral and pays out the principal, and the loan ends with a repayment (the collateral goes back to the borrower) or, after the deadline, the lender's claim on the collateral in place of the repayment (Claimed by the lender, Cleared by the default claim). Extensions, the LOAN note's mint and burn, and the note holder's collection of a repayment move nothing on either side.
PWN is not in the shared daily price store and needs no price here: between events each side stays in its token, the debt growing only where the terms accrue.