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 Lending/Looping (Coming Soon)
    • GLOOP Staking (Coming Soon)
  • GM Points (COMING SOON)
  • FREQUENTLY ASKED QUESTIONS (FAQs)
    • GM Index (GMI)
  • Technical
    • Gloop Protocol Parameters
    • Contracts
      • GMI
        • GM Index
        • GMI USDC Zap
        • Token Banks
        • Token Oracles
        • Fees
    • Audits
  • GLoop Ecosystem
    • Tokenomics
  • Security and Risk
    • Risks
  • Social
    • Socials
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  1. PRODUCTS
  2. GM Lend/Borrow

Borrowing USDC

At present, you can only borrow USDC.

  1. Navigate to Loop! <insert link> or ---- and click on the Borrow tab.

  2. In the Borrow subtab, pick USDC from the dropdown 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.

Last updated 10 months ago