Can I extend my loan?

Yes, Lava offers the ability to extend your loans. You can do so by selecting an active loan within the app and clicking the "Extend" button in the top right corner. You will be presented with the new loan terms and will need to pay a one-time extension fee to initiate the extension.

Note that you cannot extend a loan after the loan repayment date has passed; you must do so before then. If your loan is not repaid upon expiration, it will be partially liquidated.

For more information, see this article on creating and managing Lava Loans.