Borrowing more $USC
Last updated
Last updated
Once you have already opened a shuttle, 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.
Head to the Borrow page
Input the amount of $USC you want to borrow
(Optional) Add More Collateral by clicking on the toggle
Once ready, click on “Borrow More $USC”
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:
$USC received in wallet: the amount that is sent to your wallet
Borrowing fee: a variable fee incurred every time you mint new $USC