# As a Lender

### How does it work?

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Our lender-friendly features are one of the main factors that set our protocol apart:&#x20;

* **Customizable open offers** - Structure lending offers with granular control over scope and risk exposure. Offers can be configured across multiple dimensions, such as accepted collateral tokens, loan terms, allowance limits, and optional advanced features, enabling precise capital allocation and risk management.
* **Refinancing loans** - Lenders can make offers on active loans. Once accepted by the borrower or lender, ownership is seamlessly transferred through refinancing.
* **Transferable loans** - Lenders can exit positions at any time by selling their loans, improving balance sheet flexibility and capital rotation.
* **Liquidation Flexibility -** Our loan system allows for single or multiple liquidation options. Users can choose oracle-less liquidations using maturity or call executions, or traditional DeFi oracle-dependent LLTV methods. This approach increases optionality for different risk management and strategic needs.