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) 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.