How to borrow against Uniswap position
Last updated
Last updated
To borrow against your Uniswap position first you need to have one.
You can go directly to https://uniswap.org/ or use the button on https://yldr.com/leverage to go directly to the needed liquidity pool.
Once you have an open position you will see it on https://yldr.com/lending. Choose "Positions" tab in "Assets to supply" section.
Now click "Supply" button and you will see a modal window with preview of your transaction.
Click "Supply Position" and confirm transaction in your wallet. Once transaction is complete you will see your position on "Positions" tab in "Your supplies" tab.
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 :)
