Borrow
Last updated
Last updated
Let’s take a look at how we can borrow from the protocol:
On the mainnet's dashboard screen, you will find a dedicated section exclusively for borrowing. Simply click on the "Borrow" button to explore a variety of borrowing options available to you.
Simply choose the collateral token, set the collateral amount, select the borrow market, enter the borrow amount, and click "Borrow" to complete the process.
Confirm the borrowing process by signing the transaction.
If there are no issues, then it will showcase the success notification.
Access various actions for your borrow by navigating to the "Actions" tab on your borrow page. Simply click on it to explore and perform the available actions.
Perform actions on your borrow by following these steps:
Select the desired action from the available options.
Choose your specific Borrow ID and enter the repay amount, if applicable.
Click on the "Select Action" tab to initiate the chosen borrow action.
To demonstrate the "Convert to borrow market" action, follow these steps:
Select the "Convert to borrow market" option under the Action category.
Click on the "Convert to borrow market" button to initiate the transaction.
Confirm the borrowing process by signing the transaction.
Upon a successful transaction, you will be presented with the following screen.