💰Borrow

The Borrow page consists of a single feature: opening loans of STAB.

Be careful, when borrowing STAB, you risk being liquidated when your collateral value falls below the MCR (150% of your debt's value)! This comes with liquidation penalties.

Borrow STAB Borrowing STAB is done by providing collateral. The value of collateral provided needs to be > 150% (MCR) of the borrowed STAB. The accepted collaterals are currently:

1. XRD

2. LSUs

   1. Hermes Protocol LSU

   2. Radst0kes LSU

LSUs are only selectable in the dApp when you own them!

Get some here: https://stokenet-dashboard.radixdlt.com/network-staking

Mainnet Stabilis will try to accommadate as many LSUs as possible, but for testing this is unnecessary and too convoluted, so only these two are accepted.

Choosing the amount of collateral to use, desired collateralization ratio and clicking "Borrow", starts a loan.

Protocol overview The state of the protocol is displayed on the right side of the page, to give the user as much insight as possible.