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Zahra @Zahraspecials on x XXX followers
Created: 2025-07-26 07:21:46 UTC
Borrowing on soul protocol All you need to know
As the name implies, borrowing simply means requesting for funds as in loans
In soul protocol you can borrow using your collateralized assets as security
But first you need to add collateral because borrowing leverages mainly on your collateralized assets and your borrowing strength depends on the value of your collateral
Soul protocol calculates your borrowing limit based on your collateral balance and it's associated collateral factor
For instance, if you supply asset of 200USDC and mark XX% as collateral
Then you can borrow upto 100USDC from the protocol
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Related Topics protocol