Borrow
Please note the video guide is showing the Desktop Flow for Users. Mobile guides will be available soon.
To borrow you must first have deposited assets as collateral. Once you supply assets you will be able to borrow against them. You may borrow any available asset, regardless of the assets you supplied as collateral
On the dashboard you will need to select the dashboard toggle for 'Borrow'
Selecting the ‘Borrow’ button underneath your desired asset will bring up a new screen where you can select how much you wish to borrow
You may manually input your desired borrow amount
You may select one of the 25%, 50%, 75%, or 100% toggles of your borrowing limit
You may select 'Max' to Borrow the maximum possible amount with your collateral
If you wish to borrow the maximum amount of an asset, ensure you use the '100%' or 'Max' options instead of attempting to manually input the full number, as gas fees are taken into consideration when transactions are made.
After inputting your desired amount you will see the window change to reflect how much this will influence your account. Once you have confirmed, select 'Borrow'. You will need to sign this transaction within the Xaman Wallet App
You can track the transaction using a small pop-up, which can be expanded for further details
The dashboard will update to reflect your borrowed assets
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