Borrows / Repayments

Borrows

To borrow assets on JAX, user is required to deposit an accepted asset to be used as collateral. The deposited asset will be enabled as collateral for borrowing by default.

The maximum amount that can be borrowed depends on the amount of collaterals on the dashboard, shown as “Borrow Limit” under “Dashboard” section.

Borrow limit shows the maximum amount that can be borrowed by you. The general advice is to pay close attention to the Borrow Utilisation to avoid being liquidated.

Repayments

Repayments can be done directly at “Repay" under "My Borrow".