MachFi
  • Introduction
  • SONIC REWARDS PROGRAM
    • Program Overview
    • Sonic Boom
    • Sonic Gems
    • Sonic Points
  • Contracts
    • Audit
      • Bug Bounty
    • Addresses
    • Asset Risk Parameters
  • Protocol
    • Overview
    • Mechanics
      • Depositing Assets
      • Borrowing Assets
      • Utilization rate
      • Interest Rate
      • Risk Management
      • Liquidation
      • Reserves
      • Reserve Factor
      • MachBoost
      • Oracles
  • Resources
    • Official Pages
    • Brand Kit
  • MachFi Guide
    • How to Deposit on MachFi
    • How to Borrow on MachFi
    • How to Manage Risk on MachFi
    • How to Leverage on MachFi
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  1. MachFi Guide

How to Borrow on MachFi

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Last updated 5 months ago

Similar to depositing assets, users can find the markets to borrow from under the Borrow section. Users can borrow any assets subject to the collateral value of the users' deposited assets.

Upon clickling into a market to borrow, a pop-up will appear. Here, the next transaction will confirm the amount to be borrowed. The details also show the new borrow balance, borrow limit, and borrow caps.

The borrow pop-up appears to confirm the transaction.