Getting a loan
A loan from the MLKY Pool gives you USDC now against a graded card that stays in your wallet. You repay it by a fixed date and the card unlocks.
If you'd rather set your own terms and let a lender decide whether to fund them, see Asking lenders directly.
What you need
You need a Solana wallet, a supported card in it, and a little SOL to cover network fees. There's no credit check, because the card is what secures the loan.
Step by step
Pick your card
Open Borrow and choose a card. The app shows what it's worth and the most you can borrow against it.
Choose the amount and the term
Before you confirm, you'll see what lands in your wallet, what you'll repay and the due date. The offer holds for a few minutes, and if it runs out you can just ask for a new one.
Confirm in your wallet
The USDC arrives and your card is locked in your wallet in the same step. Your term starts at that moment.
Repay before the due date
Repay from your portfolio in the app. You pay it all back in one go, and paying early costs less.
Larger loans can wait for approval before they're paid out. Until that happens nothing is locked, and you can cancel for free.
While the loan is open
Your card stays in your wallet, but you can't move, sell or list it. If its price falls, nothing happens to it, because only a missed deadline puts it at risk. And if you need more time, you can extend the loan instead of repaying it.
After you repay
Repaying unlocks the card straight away. You can't borrow against that same card again for 48 hours after the loan closes.
If something goes wrong
If you can't repay by the due date, read If you can't repay before your grace period ends. The earlier you act, the more options you have.