Approve the token for collateral before borrowing
Last updated
Last updated
Before you could make a transaction on a specific token, The token needs to be approved. Approving the token means giving permission to the smart contracts to be able to access your tokens inside your wallet
Let's say that you're going to Borrow ETH tokens, Click on the "Borrow" button
A new modal will appear and the alert will be shown to tell you which token you need to approve. Click on the "Approve" button to start the approval process of USDT.