Mainnet V0.10 Guide
Mainnet AlphaContribute-2-Earn
  • Introduction
  • Requirements
  • How do I connect my wallet?
    • Steps to create an account on Braavos
    • How to get assets to your Starknet wallet
    • Connecting wallet to Hashstack’s mainnet
    • General FAQs
  • Supply / Liquidity Providers
    • How to be a liquidity provider
    • Adding more funds to your active supply
    • How to withdraw your deposit
    • FAQs on supply
  • Borrow
    • How to borrow
    • How to deposit additional collateral to existing borrow?
    • Repay borrowed assets
    • Withdraw collateral after repaying borrowed asset
    • Withdraw the borrowed assets to your wallet
    • Performing swap actions
    • How to revert your swapped token
    • FAQs on borrow
  • Additional Documentation
    • 🏰Document Hub
    • 📚Mainnet Guide
    • 📒Testnet Guide
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  1. Borrow

How to borrow

PreviousFAQs on supplyNextHow to deposit additional collateral to existing borrow?

Last updated 2 years ago

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Hashstack allows you to borrow up to 3 times the value of the collateral provided.

Let’s take a look at how we can borrow from the protocol:

  1. On the Dashboard screen, you will see a “Borrow*”* button next to the assets of Hashstack’s primary markets. Click on the button.

  1. Once the pop-up box appears, then you can borrow the asset by providing collateral. After choosing the MCP, click on “Borrow” button.

The Borrowing APR (i.e., the interest you need to pay annually) will be visible at the bottom of the popup.

Borrowing has 2 commitment periods:

  • None - for flexible MCP

  • 1 month

  1. Choose the token for the collateral, the collateral amount, MCP and borrow amount. Then press on the “borrow” button.

  1. Sign the transaction

  1. If there are no issues, then it will showcase the success notification.