How to borrow against digital assets
Last updated
Last updated
To borrow digital assets you need to supply digital assets as a collateral. You will also earn APY for supplying assets.
Find "Assets" tab in "Assets to supply" section.
Choose an asset with positive balance and click "Supply" button.
You will see a modal window where you can choose how much you would like to supply.
Enter the desired amount and click "Supply %token%" button. Then sign transaction in your wallet.
Once the transaction is complete you will see your supplied assets on "Assets" tab in "Your supplies" section.
Now you can proceed to borrowing.
Find "Assets to borrow" section and choose any asset you would like to borrow.
Click "Borrow" button next to the needed digital asset. You will see a modal window where you can choose how much you would like to borrow. Choose the needed amount and click "Borrow %token%" button. Then sign transaction in your wallet.
Once the transaction is complete you will see your borrowed funds in "Your borrows" section.
Now you can use those assets whatever you like :)
