You are viewing a single comment's thread from:RE: First SteemFund Loan - ACTIVEView the full contextjoseph (75)in #steemfund • 9 years ago How much equity do I have to my rep? How is that measured?
Hey Joseph, the general idea is that the higher rep a user has the lower the APR for his loan, since REP works as collateral here, with your rep you could ask for a loan and pay 15% APR.
A more detailed explanation can be found here: https://steemit.com/steemfund/@steemfund/p2p-lending-on-steemit