Post
Topic
Board Lending
Re: Looking for $1000 loan with $1800 in collateral
by
CoinBingo
on 30/12/2022, 13:56:44 UTC
Is transferring of ownership on lock funds on smart contract is possible? Afaik the only way to transfer ownership is to give the wallet keys alone since you can’t change the wallet address for the funds stake on smart contract.

This is too risky for the lender side and the only accepted collateral here are tokens with huge trading volume for a less volatility on price.

The tokens are locked with time not ownership, the tokens vest daily and the potential lender can see that onchain. The `transferOwnership()` is accessible with my wallet and I am willing to transfer the ownership to the lender as collateral.