💸Borrow

This page will demonstrate how to borrow an asset from Cedro Finance.

• Go to the Market tab, choose the network and asset you want to borrow, and click on Detail button.

• Inside the Asset Detail page, click on the Borrow button.

• You need to switch the chain to the Root (Mumbai testnet) chain because Borrow, Withdraw, and Liquidate actions are performed in the Root chain.

• Enter the amount you want to borrow and click Borrow. Always keep an eye on your Health Factor.

This request is sent to the chain you're borrowing the asset from. You'll receive the asset once the transaction is successful. You'll also receive debtAVAX token which will be burnt once you repay the loan.