Borrowing more $USC

Once you have already opened a shuttlearrow-up-right, you can borrow more $USC by borrowing against existing collateral or adding more collateral. Here are some simple steps to guide you through the process.

  1. Input the amount of $USC you want to borrow

  1. (Optional) Add More Collateral by clicking on the toggle

  1. Once ready, click on “Borrow More $USC”

circle-info

Note: Remember to check the details in the “Position Summary” carefully before signing the transaction in your wallet.

The total new debt owed is broken down in 2 segments:

  1. $USC received in wallet: the amount that is sent to your wallet

  2. Borrowing fee: a variable fee incurred every time you mint new $USC

Last updated