Purpose: To make it easier for Borrowers to maintain leveraged positions when the loan expires.
When the loan is about to expire (7/14/28 days), our system will check whether the Debt Ratio of the leveraged account is below the Debt Ratio of Auto-renewing:
1. Satisfying conditions(Debt Ratio < Debt Ratio of Auto-renewing): The system automatically helps the users re-borrow at the optimal interest rate in the loan market, and repays the principal and interest of the due loan.
2. Unsatisfied conditions(Debt Ratio ≥ Debt Ratio of Forced Liquidation): Our system will automatically liquidate the account for repayment.