DEFED Docs
DEFED 2.0 DocsDEFED ドキュメントDEFED 3.0 Docs
  • Intro
    • Intro
    • Discord
    • Roadmap
  • FAQ
    • Security FAQ
    • Exchange FAQ
    • Borrowing FAQ
    • Liquidations FAQ
    • Fair-launch FAQ
    • Tokenomics FAQ
    • Smart Contract Addresses
  • Unique Features
    • Automatically earn from idle assets
    • Instant Lending and Repayments
    • Instant Chat
    • Low Cost and Efficient Payment
    • True Ownership
    • Fair Launch
  • USER GUIDE
    • Preliminary Introduction
    • Deposit Asset to Earn
    • Borrow Assets at Anytime
    • Payment / Transfer
    • Message / Chat
    • How to repay your borrowing on DEFED?
    • How to earn by sending a crypto box without any cost
  • PROTOCOL MECHANISM
    • SavingToken
    • DebtToken
    • Interest Model
    • Oracle Price Feeding
    • Liquidation
    • Fees
  • GOVERNANCE
    • Defenomics
    • Governance Mechanism
    • Vote-escrowed DEFE (veDEFE)
    • Fees Collection & Distribution
  • Risk
    • Risk Framework
    • Adding a Reserve Asset
    • Liquidity Risk
  • Social Media
    • Telegram announcement channel
    • Telegram group
    • Twitter
    • Medium
    • Mirror
    • Youtube
    • Reddit
    • Facebook
    • Discord
  • TERMS of SERVICES
    • TERMS of SERVICES
  • Security
    • Intro
    • Audit Report (Certik)
    • Audit Report (Armors)
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  1. USER GUIDE

Borrow Assets at Anytime

Last updated 2 years ago

If you need to borrow any asset, click "Borrow".

Select the asset you want to borrow here.

You can view the current APY of the asset you selected here.

You can adjust the amount here.

IMPORTAN!!!There is a threshold value called the health factor, which indicates the ratio of your account debt to collateral. When the health factor approaches 1, liquidation is triggered, which means the system will sell some of your collateral to pay off the debt and reduce the risk. You can also increase the health factor by repaying debt or depositing more assets, thereby reducing the risk of a liquidation trigger.

Then click on 'Borrow' again.

Confirm in the Web3 Wallet pop-up to complete the borrow.

Here you can check the Credit Balance.