HashWhale Flexible Loan User Guide

I. How to Apply for a Flexible Loan

1. Go to the Loan Page

• Log in to HashWhale

• Click [Loan] in the top navigation bar

• Enter the Flexible Loan section

2. Submit a Loan Request

• Select the token you want to borrow and enter the amount

• Select the collateral asset

  Note: The collateral asset must be different from the borrowed token

• The system will display your maximum borrow limit and collateral ratio

3. Review and Confirm

• Verify the borrowing amount, collateral asset, and interest rate

• Click [Confirm]

Common Reasons for Application Failure:

• Insufficient collateral or below the minimum collateral ratio

• Borrow amount exceeds the maximum limit

• System maintenance or network issues

Solutions:

• Add more collateral

• Adjust the borrow amount

• Try again later

4. Loan Disbursement

• After approval, funds are typically credited on the same day or the next business day

II. How to Adjust Collateral / Add Margin

1. Add Collateral

• Log in → Click [Loan] in the top menu

• Click [View Loan Details]

• Select [Add Collateral]

• Enter the amount and confirm

2. Reduce Collateral

• Only available when lowering the loan amount or when LTV remains within a safe range

• Go to the collateral section → Select the asset → Click [Redeem]

• Enter the redemption amount

• The system will verify whether the remaining collateral meets the LTV requirement

• Confirm to complete the process

3. Auto Margin Call / Liquidation Mechanism

• When LTV reaches the margin call threshold, the system will notify you to add collateral

• When LTV exceeds the liquidation threshold, the system will automatically liquidate part of the collateral to repay the loan

4. Tips to Prevent High LTV

• Keep your LTV 10–20% below the margin call threshold

• Monitor market volatility and add collateral promptly

III. Early Repayment Guide

1. Partial vs. Full Repayment

• Partial Repayment: Repay part of the loan; the remaining balance continues to accrue interest

• Full Repayment: Repay the entire loan principal and accrued interest at once

2. Repayment Steps

• Log in → Click [Loan]

• Click [View Loan Details]

• Click [Repay]

• Choose repayment method:

  • Repay directly using the borrowed token

  • Convert collateral into the borrowed token for repayment

• Enter the repayment amount and confirm

3. Interest & Fee Calculation

• Interest is calculated based on the number of borrowing days

• No additional fees for early repayment

4. Asset Release After Repayment

• After repayment is completed, collateral assets will be released back to your account

• LTV updates in real time

IV. Loan Records & History

1. View Loan Details

• Log in → Click [Loan]

• Click [View Loan Details]

• Click [History]

• You can review borrowed amounts, tokens, operations, and timestamps

• Suggested screenshots: loan detail page and export records page

V. Helpful Tips

• Ensure sufficient collateral before borrowing

• Monitor LTV and market fluctuations to avoid liquidation

• When repaying, prioritize using the borrowed token in your account to reduce conversion losses

• Regularly review loan records to maintain healthy asset liquidity