Ansem Edge Documentation
Ansem Edge is a permissionless lending protocol on Solana that lets you borrow SOL against your $ANSEM tokens (Token-2022). Deposit $ANSEM, receive SOL instantly, repay to get your tokens back. No KYC, no credit checks, 0% interest.
How It Works
Connect Wallet
Connect any Solana wallet (Phantom, Solflare). Ansem Edge scans for $ANSEM tokens in your wallet (Token-2022 and standard SPL).
Deposit $ANSEM
Choose how much $ANSEM you want to deposit as collateral. Sign the transaction to send tokens to the protocol vault.
Receive SOL
Instantly receive up to 70% of your collateral value in SOL. Sent directly to your wallet within seconds.
Repay & Reclaim
Send back the borrowed SOL at any time (0% interest). Your $ANSEM tokens are returned to your wallet immediately upon repayment.
Accepted Token
Ansem Edge exclusively accepts $ANSEM tokens as collateral.
| Token | Mint Address | Standard |
|---|---|---|
| $ANSEM | 9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump | Token-2022 |
Loan-to-Value (LTV)
Ansem Edge offers a fixed 70% LTV for all $ANSEM deposits.
| Parameter | Value |
|---|---|
| LTV Ratio | 70% |
| Liquidation Threshold | Health factor < 0.85 |
Example: You deposit $1,000 worth of $ANSEM. Max borrow = $1,000 × 70% = $700 worth of SOL.
Borrowing
Parameters
| Parameter | Value |
|---|---|
| Minimum Borrow | 0.1 SOL |
| Maximum Borrow | 200 SOL per loan |
| Interest Rate | 0% (Free) |
| Loan Duration | Open-ended (no deadline) |
| Early Repayment | Allowed, no penalty |
Process
- Sign a message to verify wallet ownership (wallet auth via signature)
- Approve the token transfer transaction (sends $ANSEM to protocol vault)
- Protocol verifies the deposit on-chain
- SOL is sent to your wallet automatically
Repayment
To get your $ANSEM tokens back:
- Go to the "My Loans" tab in the app
- Click "Repay" on your active loan
- Sign the message and approve the SOL transfer
- Your $ANSEM tokens are returned to your wallet immediately
Default & Auto-Sell
Ansem Edge monitors the health of all active loans. If your collateral value drops significantly:
| Event | Trigger | Action |
|---|---|---|
| Health Warning | Health factor < 1.5 | Loan flagged as at-risk (visible in dashboard) |
| Default Flag | Health factor < 0.85 | 7-day countdown starts |
| Auto-Sell | 7 days after flag, no repayment | Collateral is sold to recover the loan |
Health Factor = Current Collateral Value (in SOL) ÷ Borrowed Amount (in SOL)
You have 7 days after a default flag to repay your loan and get your $ANSEM back. After 7 days, the collateral is auto-sold to cover the loan.
Fees
| Fee Type | Amount |
|---|---|
| Interest | 0% |
| Borrow Fee | None |
| Repay Fee | None |
| Network Gas | Standard Solana fees (~0.000005 SOL per tx) |
Security
- Signature verification: Every borrow and repay action requires a wallet signature to prove ownership via tweetnacl.
- On-chain deposit verification: All deposits are verified against the Solana blockchain before SOL is disbursed.
- Non-custodial approach: Tokens are held in a protocol-controlled wallet and returned in full upon repayment.
- Price feeds: Real-time pricing via DexScreener ensures accurate collateral valuation.
- Token-2022 support: Full compatibility with the Token-2022 program for $ANSEM.
FAQ
What tokens can I use as collateral?
Only $ANSEM (mint: 9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump). No other tokens are accepted.
What happens if $ANSEM moons while it's locked?
You can repay at any time and get your tokens back. There's no lock-up period and 0% interest.
What is the minimum borrow amount?
0.1 SOL minimum per loan.
What wallets are supported?
Phantom and Solflare.
What happens if I don't repay?
If your loan's health factor drops below 0.85, a 7-day countdown begins. If you don't repay within 7 days, your $ANSEM collateral is auto-sold to cover the loan.
Is there interest on the loan?
No. 0% interest. You repay exactly what you borrowed.