Borrowing
Last updated
Last updated
Borrowers can add LP tokens to the Collateral contract as collateral. If there is enough liquidity in both Borrowable contracts to form the loan, a borrower can use this collateral to create a loan that needs a specific number of the underlying tokens. The Lif3 Protocol uses tokens from Borrowable0 and Borrowable1 to add liquidity to the DEX for the token pair to enable leveraged yield farming.