Start borrowing tokens
Last updated
Last updated
Click on the "Borrow" button and the Borrow modal will show up.
Provide the borrowing amount along with the collateral as security. The value of the tokens used as collateral must always be higher than the amount of the loan.
Loan-to-Value Ratio (LTV) means the ratio between the borrowing amount and collateral amount in dollars.
If the LTV ratio surpasses 80%, the loan will be liquidated.
If the calculated LTV value seems fine and safe for you, Click on the "Confirm Borrowing" button to proceed, and confirm the transaction on your wallet. Your loan will be shown on the "My Loan" page.
