Test Borrow

Create borrow order if you want to borrow assets.

You can also explore the Marketplace to select open order ads based on your preference and directly lend/borrow on the P2P Marketplace.

Create Borrowing order (500+ point)

To create borrow order, you have to deposit collateral first. Let say you have $100 worth ETH, you can deposit it to borrow USDC/USDR

Note: You can only borrow 80% LTV ratio of your collateral. (i.e Deposit $100 ETH to borrow $70-80 of USDC)

  • Go to Dashboard & click “Create order”

  • Select "Borrow" and Choose asset you want to borrow (ETH / USDC / USDR)

  • Enter amount, set preferable Interest Value(i.e 5%) & loan term(duration) you desired

  • Click “create order” & confirm the transaction.

  • Done

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