> For the complete documentation index, see [llms.txt](https://meme-finance.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://meme-finance.gitbook.io/whitepaper/mefi-ecosystem/dapp/borrowing-periods.md).

# Borrowing Periods

A guide to the borrowing periods available with the mefi dapp.

Currently, the mefi dapp offers two borrowing periods for users:

* 12 and 24-hour period for newer meme coins
* 2 and 4-day periods for legacy meme coins and the $mefi token

These time frames should allow ample time for a new coin to pump to a point where you can easily withdraw and sell enough to cover the loan plus interest (see [Interest Rates](/whitepaper/mefi-ecosystem/dapp/interest-rates.md)) and have plenty of profit left over. 

We will consider adding new borrowing periods or expanding the current ones as the project grows and attracts more users.