Borrow

Once you have deposited collateral into the treasury, it's now time to mint some Cryndex Assets! When minting assets, you will be incurring "debt." This debt will come with an annual percentage return (APR) interest rate which must be repaid to the system. This fee will be used to supplement the savings rate for savers. The borrow rate is determined by Cryndex stakers and it will be adjusted due to new market conditions.

You will only be able to borrow tokens if your health factor remains above 1, see the risk section in order to learn more about the health factor mechanisms to manage your risk easily.