# General **Name??** is a decentralised lending platform with **zero fees** and **no interest rates** for borrowers. It uses a novel approach how to incentivise lenders and protect both parties. Collateral is the native token of a blockchain, which is immediately staked and generates staking rewards. These staking rewards are regularly swapped to USDC and distributed to lenders. Protocol takes a small fee; [more about protocol revenue](/untitled/protocol-revenue.md). [Lenders ](/untitled/lending.md)provide their USDC and get dedicated bonded tokens, which value increases over time as more rewards are distributed to the lending pool. [Borrowers ](/untitled/borrowing.md)use collateral to open a new loan; the loan-to-value(LTV) ratio can be up to 75%. A loan can be repaid partially or entirely by its creator. [Liquidation ](/untitled/liquidations.md)may take place for loans with more than or equal to an 80% LTV ratio. The liquidator has to pay the USDC amount currently owned to the protocol and receives underlying native tokens after the unstaking period at a discount. The protocol reserves half of the discount price; thus the liquidator receives the underlying tokens at up to a 10% discount. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://name-7.gitbook.io/untitled/general.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.