Borrow GRAM

Get GRAM using your NFT as collateral. Repay on time and the NFT returns. Everything is automated by the protocol.

Step-by-Step Guide

1. Connect Your Wallet

Open the app and connect a TON wallet:

• TonConnect — Tonkeeper, MyTonWallet, or another compatible wallet
• Telegram Mini App — open the bot in Telegram for quick access

2. Choose a Collection and Offer

Navigate to the Borrow page. You'll see collections accepted as collateral. For each collection, offers from different lenders are available:

• Loan amount — how much GRAM you'll receive
• Interest rate — annual rate used to calculate interest
• Duration — range within which you can choose the loan term

3. Select Your NFT

Choose a specific NFT from your wallet to use as collateral. The NFT must belong to the collection from the selected offer.

4. Review Terms

Before confirming, you'll see complete deal information:

• Loan amount (principal)
• Interest for the selected term
• Total to repay (principal + interest)
• Repayment deadline (date and time)
• Gas cost (~0.25-0.30 GRAM)

5. Confirm the Transaction

Your wallet will ask you to confirm sending the NFT to the protocol. Sufficient GRAM for gas must be attached to the transaction.

6. Receive GRAM

After blockchain confirmation (usually a few seconds), GRAM will arrive in your wallet. The loan status will be displayed in the interface.

Loan Repayment

1. Go to active loans (the Profile or Borrow page)
2. Find the loan and click Repay
3. Check the repayment amount — it may be less than the maximum if you're repaying early
4. Confirm the transaction in your wallet
5. The NFT will automatically return to your wallet

Early Repayment

Interest is calculated proportionally to usage time (pro-rata). If you took a 14-day loan but repaid after 3 days, you pay interest for only 3 days.

Minimum charge period is 1 day. Even if you repay within an hour, interest is calculated for at least 24 hours.

What Happens on Default

If the loan term expires and you haven't repaid:

1. After the deadline — repayment is no longer possible
2. Lender initiates default — this doesn't happen automatically; the lender must trigger the process
3. NFT transfers to lender — your collateral NFT is sent to the lender as compensation. The principal is not returned to the lender — the GRAM you received stays with you, and the NFT becomes the lender's property

Important: the app shows in-app reminders as the deadline approaches (one day before, one hour before, and for short loans — when 10% of the term remains), but only when you open the app. The protocol does not send external push notifications. The responsibility for timely repayment lies with the borrower.

Operation Costs

Gas is the TON network fee for processing transactions. It doesn't depend on the loan amount.

FAQ

Which wallets are supported?

Any wallet compatible with TonConnect: Tonkeeper, MyTonWallet, OpenMask, and others. Telegram Mini App is also available.

Can I have multiple loans at once?

Yes. Each loan creates a separate vault. You can collateralize different NFTs with different lenders simultaneously.

Can I take another loan on the same NFT?

Not while the current loan is active. After repayment or default — yes, you can use the same NFT again.

What if the lender disappears?

Your loan doesn't depend on the lender's activity. Terms are fixed in the protocol. You can repay the loan and get your NFT back at any time before the deadline.

What if the NFT price drops?

For you as a borrower, this doesn't affect the loan terms. The repayment amount is fixed. However, it increases risk for the lender.

How much GRAM do I need for gas?

Usually about 0.25-0.30 GRAM when taking a loan and about 0.05 GRAM for repayment. These amounts cover internal messages between contracts and may vary slightly by network.

Where do the GRAM go after the loan?

To the same wallet from which you sent the NFT. Funds arrive automatically within the same blockchain transaction.