Borrow DUSD
Before borrowing
Before borrowing, read the following information.
The minimum amount to borrow:
On Arbitrum — 100 DUSD
On BNB Smart Chain — 50 DUSD
On Ethereum — 300 DUSD
On Optimism — 100 DUSD
On Polygon PoS and zkEVM — 50 DUSD
Remember if your borrow position reaches the collateral ratio, your position may get liquidated. Borrow responsibly! The collateral ratio is:
For vUSC and vUSDT — 93% of the deposited collateral value.
For every other supported token — 66% of the deposited collateral value.
MATIC collateral support is discontinued. You cannot create new MATIC positions or borrow DUSD on existing ones. Previous borrows are still valid, you can keep them or repay and withdraw MATIC.
Borrow DUSD
Once you’ve deposited your MATIC collateral into the protocol you can borrow DUSD:
Visit the Borrow page.
Click the Borrow button in the My Borrowed Funds section.
Enter the desired amount of DUSD and click Borrow. You can borrow up to 66% of the value of your MATIC collateral. We suggest maintaining a borrowing below the threshold to avoid loan liquidation that may happen because of collateral price fluctuation.
Wait till Transaction in Progress changes to The Transaction in Completed!. Then first click Add DUSD to MetaMask and confirm the transaction, then click OK to go back to the Borrow page.
Check your borrowed DUSD and proceed to Davos Redistribution Rate (DRR), Vaults, or Liquidity Pools if you want DUSD to generate you additional yield.
Last updated
