# Borrowing ### 01 - Provide Collateral Deposit the asset you want to borrow against. Keep in mind that you can only borrow from the market where you've supplied collateral. If you intend to borrow from multiple markets, you'll need to supply collateral to each market. ### 02 - Borrow Liquidity Borrow liquidity up to an amount based on the value of provided collateral and available liquidity. Borrowers are charged a variable interest rate on the borrowed amount, determined by the market's interest rate model. ## 03 - Monitor Position Monitor the LTV of your positions to avoid being eligible for liquidation. If the loan-to-value-ratio of a position exceeds the liquidation loan-to-value-ratio of a given market, external liquidators can seize your collateral to repay your outstanding debt. ### 04 - Repay Debt Repay your outstanding loans by returning the initial borrowed amount plus the accrued interest. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.solera.market/overview/morpho-markets/borrowing.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.