> For the complete documentation index, see [llms.txt](https://gorillaecosystem.gitbook.io/gorilla-ecosystem-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gorillaecosystem.gitbook.io/gorilla-ecosystem-docs/dapps-within-the-gorilla-ecosystem/gorilla-bank.md). # Gorilla Bank Gorilla Bank is the ecosystem's in-house lending and borrowing platform, but it's not like any other loan marketplace, Gorilla Bank is the first loan marketplace to allow lenders to create custom lending requests and allows borrowers to create custom borrowing requests. ## How Gorilla Bank Works Gorilla Bank offers 3 borrowing and lending options 1. Custom borrow requests 2. Custom lending requests 3. Preset borrowing and lending **Custom borrow requests** Custom borrow requests are created by users who want to borrow money. Think of custom borrow requests like posting an ad on Fiverr, or Upwork, and getting matched with someone who wants your service. In this case, you create a borrow request. In this borrow request, you choose the APR you are willing to pay, the amount your want to borrow, the loan to value ratio, the liquidation threshold, the currency you want to borrow, and the currency you want to use as collateral. Once you choose those variables, you then publish your borrow request! That's it, now lenders can browse the various borrow requests and choose one that looks appealing to them! Once a lender chooses your borrow requests, and "initiates the smart contract" by depositing their funds into the contract, the borrow request is executed, and you, the borrower recieve the amount of funds you wanted to borrow, while your collateral stays locked, by the protocol. #### Custom lending requests Custom lending requests are the opposite of custom borrowing requests, in this case, the lender creates a lending request and chooses the amount they are willing to lend, the liquidation threshold, the loan to value ratio, the currency they will lend, the currency the want as collateral, and the APR they want! Once the lender chooses the variables, they can publish their lending request! Borrowers can now browse and borrow from a lender whose offer is appealing to them! Once a borrower chooses your lender's requests, and "initiates the smart contract" by depositing their collateral into the contract, the lending request is executed. The borrower recieve's the amount of funds you allowed them to borrow, and their collateral stays locked, by the protocol. **Preset borrowing and lending** Preset borrowing and lending allows lenders and borrowers to lend and borrow from a pool, in which the APR, liquidation threshold, the loan to value ratio, collateral types, etc, are all set and predetermined by the protocol. Preset borrowing and lending works just like any other DEFi borrowing and lending protocol, where users deposit one currency as collateral and withdraw another at a preset, or floating rate. ### How Gorilla Bank Makes Money Gorilla Bank takes 5% of all the interest generated from the preset borrowing and lending pool, and 5% of the profit lenders make from the custom lending and borrowing requests and charges a .10% APR interest fee on all custom borrow and lending requests. (paid by the borrower) #### Profit allocations Profit earned from Gorilla Bank has 3 uses. 1. To fund further growth and development, and remunerate the team 2. To build more decentralized applications within the Gorilla Ecosystem 3. To buyback and burn Gorilla Token ### Governance The holders of Gorilla Token can vote and create proposals that determine the future of Gorilla Bank, as well as the Gorilla Ecosystem.