How to Borrow Assets

1. Go to Markets.

2. Press Borrow for the asset you want to borrow.

3. Enter an amount (or press MAX).

4. Review the details:

   Position Impact

   • Health Factor: Your position’s safety score before and after the action. Higher is safer.
   • Loan-to-Value (LTV): Your debt-to-collateral ratio before and after the action.
   • Max LTV: The maximum LTV before your position becomes eligible for liquidation.

   Borrow details

   • Collateral assets: The assets currently backing your position.
   • Total collateral value: The combined USD value of your collateral.
   • Borrow Rate: The annualized interest rate you pay on the borrowed amount; interest adds up over time until you repay.
   • Available liquidity: The pool’s currently available lending liquidity for this asset.

   Fees (expandable)

   • Operation Fee: A protocol fee charged for the action.
   • Transaction Fee: The network fee to submit the transaction on Stellar.

INFO

If the button shows Add Trust instead of Borrow, you need to establish a Stellar trustline for this asset first. Press the button to add the trustline, then proceed with the borrow.

5. Check the acknowledgement box, press Borrow and confirm the transaction in your wallet.