How to Borrow and Repay

How to Borrow

Step 1:

• There are different asset tiers that you can choose to borrow

• Select the asset tier you wish to borrow then click on the “Borrow” button on the Dashboard

Step 2:

• There will be popup where you can

  • Choose a network for cross-chain borrowing

  • Choose asset and enter collateral amount so that it meets Minimum Collateral
• After that, you can click "Borrow x" to submit your transaction

Step 3:

• Go to "Loan" page to check your position, it will be displayed in "Contract" section

• Borrower needs to pay attention to Health Ratio and Status to avoid liquidation

How to Repay

Step 1:

• Go to "Loan" page, look for the contract you want to repay, then click "Repay" button

Step 2:

• There will be popup where you can check details and total repay amount

• Click "Repay x" to submit your transaction

• After repay, the contract will be updated in the dashboard