Borrowing

How to Borrow Assets on Solera

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.