🤝FAQ

#The most efficient and safe lending on Aptos

How can I use eMode?

  • Navigate to the “Borrow” tab.

  • Click on “Enable E-Mode”.

  • Choose the desired asset category (e.g., Stable coins).

  • Activate “E-Mode”.

  • Review the transaction details and confirm.

How to exit eMode?

  • Navigate to the “Borrow” tab.

  • Click on “Un-enable E-Mode”.

Why should I withdraw all my deposits before borrowing?

Our protocol's design effectively safeguards against the practice of depositing and borrowing the same assets, commonly known as looping or folding. This prevents users from artificially inflating their deposited value to maximize liquidity mining incentives, ensuring that the protocol reflects genuine usage. Engaging in such activities can pose significant risks to users, particularly during volatile market conditions, as it may hinder their ability to repay loans within the required timeframe.

When do I get liquidated?

  1. Liquidation is triggered when a borrower's risk factor exceeds 1, indicating that the deposit or collateral is insufficient to cover the loan amount.

  2. This situation arises when the value of the collateral decreases or the borrowed debt increases, leading to a risk factor above the threshold for liquidation.

Determine your risk level by consulting Liquidation Calculations for accurate assessment.

How can I avoid being liquidated?

It is crucial to manage your risk factors and maintain sufficient margin in your account to prevent liquidation. Adjusting collateral assets or repaying loans can help lower your risk if the market moves unexpectedly.

Why can’t I input the amount I would like to borrow?

The amount you can borrow is determined by the value of your deposit and the liquidity available. Before borrowing an asset, ensure that you meet the following criteria:

  • You do not have any existing deposits.

  • You have enough margin or borrowing power in your account.

  • There is sufficient liquidity in the market.

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