Lending–Lockup

LTV & Terms

Parameter	Value
Max LTV	80%
Lockup terms	30 / 60 / 90 / 120 days

Interest (per term)

Term	Interest (wChip)
30d	6%
60d	10%
90d	15%
120d	25%

Fees

Fee Type	Rate	Notes
Lockup fee	1.5%	Charged at deposit
Early withdrawal	3% / 5% / 7% / 10%	By remaining term: 1–30 / 31–60 / 61–90 / 91–120 days

Settlement

Action	Requirement
Unlock	Repay wChip or pay equivalent MWAR
Early exit	Pro-rated remaining interest paid; early-withdrawal fee charged

• Buy MWAR on a DEX → deposit on our platform → receive wChip up to 80% LTV of the value

• Lockup terms: 30 / 60 / 90 / 120 days (interest paid in wChip for the full term)

• Interest rates (per term, not APR):

Term	Interest (wChip)
30d	6%
60d	10%
90d	15%
120d	25%

• Fees

  • Lockup fee: 1.5%

  • Early-withdrawal fee (by remaining term): 3% / 5% / 7% / 10% for 1–30 / 31–60 / 61–90 / 91–120 days left

• Settlement & Early Exit

  • Unlock immediately by repaying wChip or by paying the equivalent in MWAR

  • Early exit pays pro-rated remaining interest plus the early-withdrawal fee

::: warning Important wChip is an internal-only currency and cannot be cashed out externally. Use it within content or swap via the wChip → MWAR routes. :::