Borrow
Last updated
Last updated
Root Finance provides a streamlined and transparent process for leveraging assets as collateral to borrow supported cryptocurrencies, offering a strategic approach to accessing liquidity without selling investments. Here’s how it works:
Supply Assets: Deposit assets into Root Finance that you wish to use as collateral.
Loan-to-Value (LTV) Ratios: Each asset comes with a specific LTV ratio, determining the maximum amount you can borrow against it. Your overall borrowing capacity is the average of the LTV ratios of the assets you’ve used as collateral, based on their respective values.
Borrowing: With your collateral set and borrowing limit defined, you can choose to take out a loan in any of the supported cryptocurrencies up to this limit.
Risk Management: It’s essential to monitor the market value of your collateral and the amount borrowed to maintain a healthy financial position and avoid liquidation.
ASSETS AVAILABLE FOR BORROW
WBTC
ETH
XRD
USDC
USDT
LSULP