How-To-Borrow

Borrow assets from Lendle market

In this Tutorial we will be borrowing USDC against our MNT that we deposited in How-To-Deposit

We've opened the USDC market from the Marketsscreen.

By clicking on the Borrow button we will be going to the Borrow screen for the USDC market.

For this example, let's go with 10 USDC and press Continue to go to the next screen:

Take note of the updated Health Factor. Press Borrow to start, sign the transaction in your wallet and it should look something like this in the end:

Success, you've now borrowed assets from the Lendle Market.

On Dashboard window you can see the amount of USDC I borrowed, how much borrowing power I used and my current Health Factor.

At the moment, over 99% of the supplied USDC is being borrowed, which means that the interest we have to pay to borrow is very high. Why this is can be read in detail: Interest Rate Model.