How To Borrow

Borrowing process

Here we will be borrowng USDT against our MNT that we deposited before in How To Deposit

• Initiate the Borrow: Click the "Borrow" button under "Your Info" to open the borrow popup for the asset.

• Review Borrow Screen Details:

  • Amount input: Enter the amount , with options for Half or Max.

  • Transaction Overview: Health factor, Liquidation, Collateral usage, Gas fee. The overview updates live as you enter the amount. Ensure your post-borrow health factor stays well above 1.

• Confirm the Borrow Transaction: Click "Borrow" and confirm in your wallet. If there's a "Continue" step first, review the summary before final confirmation.

• Verify the Borrow: After a few seconds, the popup closes, and the market page updates with your new borrowed balance.

You can also use "Quick Borrow" in the Market tab for a more effcient way to borrow asets.

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