Clearing Periods

A Clearing Period occurs at the end of each epoch during a 48-hour period at which certain lending activities, and related transactions, are processed

🧤 Lending & Withdrawal Request Processing

All queued Lending and Withdrawal requests are processed during the final 48 hours of each epoch, based on Lender Loyalty Levels. Recall that loan Tranche allocations may be adjusted to accommodate submitted requests if a Lending Strategy is oversubscribed.

💵 Interest Accrual

Interest is accrued every epoch (7 days) and is reflected in your loan balance(s) at the start of each new epoch.

📊 Loan Balance Updates

After clearing, your loan balance(s) is updated to reflect increases (associated with Accepted Lending Requests and/or interest earned) or decreases (associate with Accepted Withdrawal Requests and/or losses).

🧮 Loyalty Level Recalculation

Lender Loyalty Levels are recalculated based on current KSU holdings and lending activity, thereby concluding clearing.