How EcoLend works.

Your collateral is a node's future reward stream, never the hardware itself. Nobody can repossess a box sitting on someone's shelf, so the design doesn't pretend otherwise — falling below the health threshold redirects a bounded slice of future rewards to a liquidator. The node always comes back to its operator, and eventually so does the yield.

1. 1

   Pledge a node

   The node's owner delegates its reward claim to the vault for a fixed term. Ownership never moves and the node keeps earning the whole time — the vault only gains the right to pull rewards, not the node itself.

2. 2

   Borrow against it

   Collateral value is the node's projected rewards, bounded to a 90-day horizon and haircut to 70% — value that hasn't been earned yet is worth less than value already sitting in the vault. Borrow up to 50% of that.

3. 3

   Health drifts with reality

   An oracle reports each node's reward rate and uptime. A stale report doesn't freeze collateral — reliability decays linearly, so a silent reporter tightens a position instead of letting it drift quietly underwater.

4. 4

   Liquidation redirects yield, not hardware

   Fall below the 65% threshold and a liquidator can repay part of the debt in exchange for a claim on the node's future rewards — paid first from anything already harvested, then from a bounded future stream. The node is never seized.

X1 Maculatus, chain 10778. Every address here is read directly from the app's own source, not maintained separately — see frontend/lib/addresses.ts in the repo.

EcoLend lends against a node you already hold — it isn't where you buy one. Purchase and activation happen on X1's own site and two third-party marketplaces; once your node is live and reporting, pledge it from the Nodes page.