Bodh Finance
  • 🍃Introduction to Bodh
  • PROTOCOL CORE
    • Depositing
    • Borrowing
    • 🔥Dual Reward LM
  • Governance
    • Tokenomics
    • Governance
  • Developers
    • Contracts
    • Protocol Parameters
    • Interest Rate Model
    • Audits
    • Risks
  • Tutorials
    • Adding Boba Network
    • How to Bridge Assets
    • Glossary
  • Community
    • Web App
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    • Github
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  1. PROTOCOL CORE

Borrowing

This section demonstrates the Borrow & Repay flow of Bodh

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Last updated 3 years ago

A user may want exposure on their current asset appreciating (going long) while looking to enter another position with additional capital.

To borrow, enable supplied assets to be used as collateral

  1. Click on the MARKETS tab on the menu and click on "Borrow"

  2. Select the type of asset from the drop box menu in the "Borrow" dashboard

  3. Enter the desired amount to borrow and click "Borrow"

  4. Once the transaction is confirmed, the borrow is successful and it starts accruing payable interest

Repay:

Enter the amount that you want to repay. Note: You can use Max if you want to fully repay your borrow (loan).