Forlend Finance
  • GETTING STARTED
    • Introduction
    • Why Forlend
    • Highlights
    • Roadmap
    • Frequently Asked Question
  • FORLEND GUIDES
    • User Tutorials
    • Setting up MetaMask
      • How to get FRA tokens
    • Supplying / Depositing Assets
      • Withdrawing Assets
    • Borrowing from Forlend
    • Staking On Forlend
    • Bridging Assets to Findora
      • How to transfer assets from BSC to Findora
      • How to transfer assets from Ethereum to Findora
  • protocol basics
    • FLD Tokenomics
      • FLD Release Schedule
      • Parameters Update
    • Interest Rate Markets
      • pToken
      • Market Parameters
      • Interest Rate (Jump Rate Model)
    • Liquidations
    • Contract Address
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  • Borrowing on Forlend
  • Repaying Loans
  1. FORLEND GUIDES

Borrowing from Forlend

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Last updated 2 years ago

Borrowing on Forlend

Now that you have collateral, you can borrow on Forlend. To borrow, simply click the “BORROW” button and enter the amount you wish to borrow.

You can see how much you have borrowed under the “My Lend” menu bar. The default ratio of assets we can borrow is 80%, but you can manually adjust it to 100%. Whatever your collateral is can be seized to secure the loan if you are not able to pay it back.

Repaying Loans

More details on the interest rate mechanism:

Withdrawing Assets
Interest Rate Markets