Borrowing

How to borrow liquidity on Volt using your base tokens

Volt makes accessing liquidity fast and efficient by leveraging a competitive lending system. Borrowers can optimize their Loan-to-Value (LTV) ratio, ensuring they get the most out of their assets.

Lenders compete to offer the highest LTV, maximizing borrowing potential and providing borrowers with the best possible terms.

chevron-rightWhat happens to my tokens when I accept a loan offer?hashtag

When you accept a loan, your tokens are securely locked within the Volt smart contract as collateral for the duration of the loan. Once the loan is repaid, your tokens are released back to your wallet. This ensures security and transparency throughout the borrowing process.

After locking your assets, the agreed-upon ETH loan amount is disbursed to you instantly.

chevron-rightWhat happens to my tokens if I fail to pay back a loan?hashtag

If you fail to repay the loan within the agreed-upon duration, the lender is able to foreclose the tokens used as collateral, and the assets will be transferred to the lender’s wallet. At that point, you will not have the ability to access those assets.

With Volt PRO, you do have the option to extend a loan on new terms in case you aren't able to pay the loan in time.

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How to borrow on Volt

  1. Open the website https://volt.agarrow-up-right and connect the wallet of your preference;

  2. Choose "Tokens";

  3. Go to "Loans" page and select Borrowing tab;

  4. Choose the Token from which you have tokens to use as collateral and click "Borrow";

  5. Follow the steps, sign the transaction, and you're done!

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