Introduction

Let's discover the Rain.fi client in less than 3 minutes.

What you can do in Rain

You can use Rain protocol to :

• Create pool of SOL to let others users borrow SOL.
• Get instant liquidity with your NFT, and use it to trade or mint other collections.
• Leverage your NFT positions and trade them.

Requirements

• A Solana wallet:

  • Install the Phantom wallet.

• Some SOL ◎ Get some SOL ◎ :

  • Buy some SOL on exchanges and send it to your Solana wallet address.
  • You can use it to interact with the first NFT liquidity Loan & Rent tool.

• One or many NFT if you want to borrow some SOL ◎ Get some NFT ◎ :

  • Buy one interesting NFT you can use on Rain.
  • You can loan your NFT for get liquidity.
  • Fast loan, trade, mint and many things with your NFT positions.

Installation

All examples is covered in this readme and the doc here :

NPM:

npm i @rainfi/rain-cli

Yarn:

yarn add @rainfi/rain-cli

Create a pool

rainfi create_pool --ltv 50  --interestType dynamic --maxDuration 14 --compound true --amount 50 --risk 1

Manage you pool

You can easily manage you pool created.

Withdraw liquidity

rainfi withdraw_liquidity --amount 50

Add liquidity

rainfi add_liquidity --amount 50

Update pool collections

To update the whitelisted collections of the pool

rainfi update_pool_collections --collections [301]

Update pool

rainfi update_pool --ltv 50  --interestType dynamic --maxDuration 14 --compound true --amount 50 --risk 1

Borrow

rainfi borrow --nftAddress NFT_ADDRESS --duration DURATION_IN_DAYS --poolOwner OWNER_POOL_ADDRESS

Repay a loan

You need to choose a loan to repay. You can do it with this command line, it will get all the loans as borrower from a user wallet address

Get loans as borrower

rainfi get_loans_from_borrower --address BORROWER_ADDRESS

Execute the repay loan

Repay the loan with this command and the address of the loan :

rainfi repay_loan --loanAddress THE_LOAN_ADDRESS_SELECTED_BEFORE

Liquidation

Select a loan to liquidate

You can get all loans as lender of a user wallet address with this command line :

rainfi get_loans_from_lender --address LENDER_ADDRESS

Liquidate loan

Use a loan you want to liquidate :

rainfi liquidate_loan --loanAddress LOAN_ADDRESS_TO_LIQUIDATE