Depositing Collateral

Kaleido Finance requires borrowers to deposit collateral to secure their loans. The collateral ensures the lender’s protection in case of non-repayment.

• Supported Collateral: Currently, Abstract Testnet ETH, USDC & USDR are the only supported collateral on the Abstract testnet.

• Collateral Deposit Process: After creating a borrow order, deposit the required collateral via your Smart Wallet/EVM Wallet. Our protocol will automatically calculate the loan-to-value (LTV) ratio, allowing you to borrow up to 80% of the value of your deposited collateral.