Borrow Tokens

Borrowing tokens from the Unilend Protocol allows users to access liquidity by using their supplied tokens as collateral, unlocking capital without selling their assets.

After a successfull supply you’ll be able to borrow assets (However, borrowers face liquidation risk if the value of their collateral falls below the required threshold. Interest rates are determined dynamically, influenced by protocol factors and governance decisions, and can change over time based on community input.)

To borrow the asset you need to go to the Unilend dashboard and select the asset for borrowing, then press “Borrow”