Borrow

Borrowing on sendit.fun lets you unlock liquidity against your existing crypto holdings. By depositing tokens as collateral, you can borrow SOL or other assets while still keeping your original positi

Steps to Borrow

1. Connect Your Wallet Access sendit.fun and connect your wallet.

2. Deposit Collateral Choose the token you want to use as collateral and deposit it. The system checks its Loan-to-Value (LTV) ratio to ensure it qualifies.

3. Select the Asset to Borrow Pick the asset you want to borrow (e.g., SOL) and enter the amount. The protocol ensures you stay within safe borrowing limits based on your deposited collateral.

4. Monitor Your Risk Keep track of your Health Factor and Liquidation Price in the dashboard. Add collateral or repay debt when needed to maintain a safe buffer.

5. Repay Your Loan Repay the borrowed amount (plus accrued interest) at any time to unlock your collateral. Partial repayments are supported.

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Important Information

• Health Factor: If it drops too low, your position risks liquidation.

• Collateral Value: Borrow limits depend on collateral type and market conditions.

• Repayment Flexibility: You can repay fully or partially, depending on wallet balance.

Open a loan