# Zharta Lending PRO V1 - Intro Our Lending Pro Protocol is a credit order book centered around flexibility, customization, and predictability. It allows for any 2 parties — Borrower and Lender — to engage in collateralized fixed-rate lending by setting their own terms. The Borrower pledges collateral, the Lender provides liquidity. #### Whitelisting Currently, our protocol requires whitelisting. If you want to use our protocol, be sure to email us at . #### Permissioned and Permissionless Access Our protocol deals with two types of assets: permissionless assets that any whitelisted party can engage in Borrowing and Lending with, and permissioned assets that require KYC / KYB to place offers and accept loans. ### Our most important features are: **For Borrowers:** * **Fixed Rate Terms** - Loans feature a fixed interest rate, providing borrowers with predictability in their funding costs. This protects users from fluctuating rates associated with market liquidity changes. * **Pro-rata APR with continuous refinancing -** Loans accrue interest on a pro-rata basis. At any point, borrowers may fully repay the loan or refinance into improved terms without operational friction. * **Dynamic improvement of loan conditions -** Borrowers can actively optimize loan terms by accepting better offers and refinancing their loans. **For Lenders:** * **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.