Most lenders require collateral for the principle amount, not interest. This is consistent with my lending service, m0gliE, shasan, grtthegreat, Crypto Capital. zarzab, condoras, Parodium and Lone Shark do not have a liquidation term (other than when default). Your request is not similar to what other lending providers offered, and I do not believe this term was stipulated and agreed on prior to the loan taking place. Please let me know if I am incorrect. Additionally, I cannot find a single service that requires collateral for principle + interest.
Thread archived for future reference.
Usually, borrower asks collateral about 120% of the lending amount. But lender usually does not sell if it goes below 120%. A lender usually keeps it as collateral until it goes below the lent amount.Thread archived for future reference.