Creating a Borrow Order
You can now create a borrow order after depositing enough collateral to the kaleido vaults.
Connect Your Wallet: To borrow on Kaleido, first connect your Abstract Smart Wallet. This secure wallet integration ensures that all transactions, including loan disbursements and repayments, are managed seamlessly.
Order Setup: Navigate to the "Create Borrow Order" section. Set your borrower order terms;
Loan Amount: Specify the amount you wish to borrow based on the available lending pools.
Interest Rate: Choose an interest rate that matches your borrowing needs, or browse available lending pools with predefined rates.
Loan Duration: Define the period for loan repayment, typically based on your financial situation and the lender’s terms.
Done, Your borrow request order will be available on the marketplace.
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