> For the complete documentation index, see [llms.txt](https://docs.brila.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.brila.finance/user-guide/lend.md).

# Lend

### Why lend on Brila?

Transactions on Brila infrastructure are **transparent** and **publicly auditable,** enabling lenders to track every dollar (or token) lent and borrowed, as well as the status and structure of every loan.

Lending opportunities on Brila span multiple sectors and various risk/return profiles.

### How does lending on Brila RWA work?

Brila's smart contract infrastructure helps lenders, managers, and borrowers interact transparently and seamlessly. 

For lenders, the process is as follows:

1. **Find opportunities** via [app.brila.finance](https://app.brila.finance/)
2. **Onboard / KYC via Keyring** *(if necessary)*
3. [**Lend funds**](/user-guide/lend/how-to-lend.md#how-do-i-lend-on-truefi) with instant settlement 24/7
4. **Monitor activity & track returns**
5. [**Redeem / Withdraw funds**](/user-guide/lend/how-to-withdraw.md) when liquidity is available

### How do I learn about portfolio managers on Brila RWA? 

Portfolio Managers ("PMs") are [onboarded through Brila governance](/user-guide/manage/onboarding-for-managers.md). You can find posts from PMs and additional information on the Brila[ forum](https://forum.truefi.io/).

For the most up-to-date information on PMs, please see the Brila[ app](https://app.truefi.io/) for a list of active managers and links to their materials.

### What types of activity does Brila RWA support?

Brila smart contracts support multiple structures for various market participants. 

* [Lines of Credit](/brila-protocol/automated-lines-of-credit.md) enable borrowers to source capital directly from lenders.
* [Asset Vaults](/brila-protocol/asset-vaults.md) support off-chain credit, or "Real World Asset" (RWA), activity.
* [Credit Vaults](/brila-protocol/credit-vaults.md) support unitranche and multi-tranche onchain credit deals.

### What are the fees for using Brila contracts?

Brila vaults pay a protocol fee to the Brila DAO treasury and an optional fee to the portfolio's manager (if applicable).

Fees are stated on a per annum basis, accrued continuously and paid periodically by each vault's smart contract. Read [here](/brila-protocol/automated-lines-of-credit.md#what-are-the-fees-on-lines-of-credit) for more detail and to see an example.

To find current fee rates, see vaults listed in the [Brila app](https://app.brila.finance/).

### Are Brila contracts ERC-4626 compliant? 

Yes. Brila pools follow [ERC-4626 standards](https://ethereum.org/en/developers/docs/standards/tokens/erc-4626/).