Provide Collateral
Connect Your Wallet
In order to provide collateral, first connect your wallet.
- Visit the Davos Dashboard.
- Click Connect Wallet.
- Choose a wallet to connect. We recommend MetaMask.
- Choose an account in your wallet to connect, then click Next
- Click Connect.
- Switch network to the supported one if Davos prompts you.
Provide Collateral
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Current minimums are:
- 0.25 of 1 unit of supported collateral on Ethereum.
- 100 units of all types of supported collateral on Polygon.
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.
- Visit the Davos Dashboard.
- Choose a type of collateral and click the + button next to it in the Collateral list.
- Enter the desired amount of collateral. The protocol will update with how much DUSD you will be able to borrow with the provided amount of collateral. Click Provide.
- Confirm the transaction in MetaMask.
- Wait a few moments till the Transaction in Progress changes to The Transaction is Complete! and click OK.
- When back on the Borrow page, check your provided collateral and proceed to borrowing DUSD.
