Borrow
The Borrow page consists of a single feature: opening loans of STAB.
Last updated
The Borrow page consists of a single feature: opening loans of STAB.
Last updated
Borrow STAB Borrowing STAB is done by providing collateral. First, select one [1], input the amount of collateral to use [2], and choose a collateralization ratio [3]. This ratio needs to be above the Minimum Collateralization Ratio (MCR, currently 150%), to ensure STAB always remains fully backed. Mind the warning shown [4] - a loan with collateralization ratio below the MCR is prone to being liquidated. Choose a ratio you're happy with, getting your loan liquidated comes with liquidation penalties! The amount of STAB corresponding to the chosen parameters, is then shown on the bottom of the widget [5]. Currently only XRD is allowed as collateral.
Protocol overview The state of the protocol is displayed on to give the user as much insight as possible.
