Staking & Loans on 100Pay
The Finance section lets you put your assets to work. Stake to earn interest, and use your staked collateral to borrow NGN instantly.
Overview
Deposit assets → Stake them → Earn yield AND unlock loan eligibility
Staking serves two purposes simultaneously:
- Earn passive income at competitive APRs.
- Build collateral for instant NGN loans.
Staking
Supported assets & APRs
| Asset | APR | |---|---| | PAY (PayToken) | 24.00% | | NGN | 20.00% | | USDC | 10.00% | | SOL | 7.00% | | ETH | 6.00% | | BTC | 5.00% |
How to stake
- Go to Finance → Stake.
- Choose an asset from the Available to Stake grid.
- If your balance is 0, click Deposit first.
- Enter the amount you want to stake.
- Choose a duration (e.g. 1 month, 3 months, 6 months).
- Review the Expected Interest and click Stake.
Stake statuses
| Status | Meaning |
|---|---|
| active | Currently earning interest |
| completed | Matured; interest paid out |
| auto restaked | Matured and automatically rolled over |
| unstaked early | Unlocked before maturity (reduced/no interest) |
Auto Restake
Enable Auto Restake to automatically roll your stake into a new term at maturity—maximising compounding without manual intervention.
Loans
How loans work
Your staked assets act as collateral. The more (and higher-value) assets you stake, the more you can borrow.
Checking your loan eligibility
Go to Finance → Loans and check the Loan Offer box on the right side of the screen. It shows your current maximum borrowable amount (e.g. "You are eligible for a loan of up to ₦8,229.46").
Taking a loan
- Click Get Loan Now.
- In the modal:
- Review your Staked Collateral (e.g. 41.09465 PAY)
- Review your Max Borrow amount
- Enter how much you want to borrow (or use the 25% / 50% / 75% / Max shortcuts)
- Choose a duration (30 / 60 / 90 / 180 / 360 days)
- Review the projected LTV, Liquidation Threshold, and Interest Rate.
- Click Confirm Borrow — funds are sent to your NGN balance immediately.
Repaying a loan
- Go to Finance → Loans → Active.
- Click Repay Loan on the relevant entry.
- Choose a repayment amount and confirm.
Understanding LTV & the Health Check
Loan-to-Value (LTV) is the ratio of your loan amount to your collateral value.
LTV = (Loan Amount / Collateral Value) × 100
Health zones
| LTV range | Health zone | |---|---| | 0–70% | ✅ Safe | | 70–80% | ⚠️ At Risk | | Above Liquidation Threshold (80–90%) | 🚨 Liquidation risk |
What is liquidation?
If the value of your staked assets falls (e.g. crypto price drops) and your LTV crosses the Liquidation Threshold, 100Pay will automatically sell enough of your staked assets to repay the loan and bring the account back into a safe state.
To avoid liquidation:
- Stake more assets to increase your collateral buffer.
- Repay part of your loan early to reduce your LTV.
- Monitor price movements of your staked crypto.
Frequently asked questions
Can I unstake early?
Yes, but early unstaking typically results in reduced or no interest for that stake period.
What happens to my staked assets if I take a loan?
Your assets remain staked and continue to earn interest. However, they are locked as collateral—you cannot withdraw or transfer them while the loan is active.
What currencies can I borrow in?
Currently, loans are disbursed in NGN and PAY.