Layer
Search…
Borrowing
Layer protocol allow users to deposit assets as collateral and borrow other assets against this in the following steps:
    1.
    Deposit assets with the upon process.
    2.
    Enable your deposit assets as collateral.
    3.
    Click the 'Borrow' button on the right side of the assets list and input the amount of money you needed. (Be aware of the liquidity risk and keep your borrow balance quite a distance from the borrow limit.)

Assets Factors

Asset
Collateral Factor
Min. Interest Rate
Interest Rate Cap
ETH
75%
2%
17%
BTCB
75%
2%
17%
BUSD
75%
2%
32%
BUSD-T
75%
2%
32%
USDC
75%
2%
32%
DAI
75%
2%
32%
BNB
60%
2%
62%
Last modified 5mo ago
Copy link