Gloop
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  • gLoop Litepaper v2
    • Introduction
    • The Two Tokens
    • Roadmap
  • PRODUCTS
    • GM Index
      • Providing/Removing Liquidity
      • Fees and Reflection
      • Deposit/Withdrawal Examples
    • GM Lend/Borrow
      • Lending USDC
      • Depositing Collateral Assets
      • Withdrawing Assets
      • Borrowing USDC
      • Repaying Debt
      • gLooping GM Assets
      • Position Management
        • Withdrawing Assets
        • Health Factor and Liquidations
      • Lending/Borrowing GMI (Coming Soon)
      • Frequently Asked Questions (FAQs)
    • GLOOP Staking (Coming Soon)
  • GM Points (COMING SOON)
  • Technical
    • Gloop Protocol Parameters
    • Gloop Parameters
    • Contracts
      • GM Lending and Looping
        • GM Lending Pool
        • GM Price Oracle
        • GM Vaults
        • GM Interest Rate Model
        • GM Incentives
      • GMI
        • GM Index
        • GMI USDC Zap
        • Token Banks
        • Token Oracles
        • Fees
  • FREQUENTLY ASKED QUESTIONS (FAQs)
    • GM Index (GMI)
    • GM Lending/Looping
    • GLOOP Staking (Coming Soon)
  • GLoop Ecosystem
    • Tokenomics
  • Security and Risk
    • Risks
    • Audits
  • Social
    • Socials
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  1. PRODUCTS
  2. GM Lend/Borrow

Borrowing USDC

At present, you can only borrow USDC.

  1. Navigate to Deposit/Borrow <insert link> and click on the Deposit/Borrow Markets tab.

  2. Pick USDC from the list and enter the amount desired, or you can select a round percentage using the preset buttons. You will see your estimated Health Factor after the borrow action in the top right of the input field, as well as in the information card below, along with other necessary information for position management.

  3. Click Borrow and sign the transaction that auto-populates in your wallet.

You can see more details on your position and manage your position in the Positions tab.

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Last updated 8 months ago