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How to Borrow

You can either borrow spot, by posting a limit order, or placing a custom offer.

Borrow Spot​

  1. Go to the Tenor app homepage and select the Borrow tab.
  2. Select the token you want to borrow and the collateral asset you want to borrow against.
  3. Enter the amount you wish to borrow.
  4. Set your preferred loan-to-value ratio (LTV).
  5. Click the Spot button.
  6. Choose the duration of your loan.
  7. Click Review Order.
  8. (Optional) Adjust the auto-renewal policy if needed.
  9. Review your order details.
  10. Confirm and sign the transaction in your wallet.

Once you open a position, you can monitor and manage it on the Portfolio page.