Fuel Credit
Fuel Credit is an open-source, fixed-term USDC borrowing facility for FUEL holders.
Borrowers lock FUEL, receive a transparent USDC advance, and repay principal on a fixed schedule without mark-to-market liquidations during the loan term.
MVP preview
Wallet connectivity and quoting are available. Contract transaction wiring, upfront FUEL fee accounting, and production oracle verification remain under development.
How it works
- Connect Fuel Wallet or Fuelet.
- Choose the amount of FUEL to deposit.
- Select a six, nine, or twelve-month term.
- Review the USDC advance, fee, and maturity date.
- Deposit FUEL and receive USDC once the production contract is live.
Read How borrowing works for the complete flow.
Fixed terms
| Term | Maximum LTV |
|---|---|
| 6 months | 20% |
| 9 months | 22.5% |
| 12 months | 25% |
Longer terms permit a larger advance against the same FUEL collateral. Interest is fixed and prorated for the selected duration.
Repayment
Maturity is the repayment deadline. Partial principal repayments return collateral pro rata. There is no additional grace period in the current product design.
See Interest and repayment for details.
Before using Fuel Credit
Review the documented protocol risks, including smart contract, oracle, liquidity, collateral, and maturity risks.