Borrow on Euler
The Borrow Page shows all opportunities to borrow assets on Euler against your chosen collateral.
Link: app.euler.finance/borrow
A borrow position consists of 2 actions: supplying assets as collateral and borrowing against them.
Choosing a Pair
Unlike the Earn Page which shows a single market on a row, the Borrow Page shows pairs of markets.
Pair Details
- Collateral: The asset deposited as collateral.
- Debt: The asset borrowed against the collateral.
- Net APY: The net annual precentage yield you earn with the position. This number is calculated as
Supply APY - Borrow APY. - LLTV: The maximum permissible loan-to-value ratio for the pair. If the borrow position exceeds the LLTV, then you will be eligible for liquidation.
- Supply APY: The annual precentage yield you earn for supplying collateral.
- Borrow APY: The annual precentage yield you pay for borrowing. This value may be negative if there are rewards on the market, in which case you are being paid to borrow.
- Liquidity: The available assets to borrow from the Debt market.
Each market has an accompanying numeric ID which uniquely identifies the market among all markets for that asset.
Each APY value is inclusive of intrinsic yield (e.g. staking yield) and available rewards campaigns. Hover over the value for a breakdown.
Once you select a pair you can click on its row to go to its dedicated pair page. This page lists all parameters of the pair in more details.
Creating a Borrow Position
To open the borrow position on your selected pair press the Borrow button on the right of the row.
You will be taken to a form where you can enter the amount and complete your transaction.
