POST /increase-collateral

Increase Collateral - /increase-collateral

Route POST https://borrow.pods.finance/v1/increase-collateral

Description This route is used to add more collateral to an existing loan.

Request

Body The request should have the following parameters:

• loan_id: The ID of the loan to which collateral will be added (e.g., "abc123").

• additional_collateral_amount: The amount of additional collateral to add (e.g., 0.5).

Example

{
  "loan_id": "abc123",
  "additional_collateral_amount": 0.5
}

Responses

Success (200 OK) If the request is successful, the API will return a status code of 200 with the following response structure.

Example Response

{
  "status": "OK",
  "new_collateral_amount": 1.5
}