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Borrow Process on MethLab
M
ML
Updated: Sep 24, 2024
Description
Click through a step-by-step, interactive demo walkthrough of Methlab, powered by Supademo.
Steps
1
Begin by selecting the 'Borrow' option.
2
Continue by choosing the desired strategy, and click on "Borrow"
3
Details about this strategy appear on the top, its expiry, APR, etc. For borrowing, you can either enter the desired borrow asset volume
4
Or enter the amount of collateral asset.
5
Or enter the amount of collateral asset directly that you are willing to deposit.
6
Next, confirm your "Borrow" action by clicking here.
7
Then proceed by finalizing the 'Borrow' request.
8
Wait for the transaction to go through.
9
The loan was created successfully.
10
Our loan appears under the "Active Loans" panel.