Borrow BURGER from the Pool

To borrow from the Pool, users would need to deposit tokens as collaterals. For example, user can deposit their $BURGER as collateral and use such credit to borrow USDT from the pool. In the example below, we will deposit $USDT into the pool as collateral to borrow $BURGER from the pool.

i. Click [Lending]-[Pool]-[BURGER] -[Borrow]-confirm the interest rate is acceptable and click [Collateralize]. You need to approve USDT access for BurgerSwap if you haven’t already done so.

ii. Enter the amount and Confirm the transaction in MetaMask.

iii. Click [Borrow] after collateralizing successfully, enter the amount and Confirm the transaction in MetaMask.

iv. Click [Repay] on the borrowing page when you are ready to pay back. Enter the amount and Confirm the transaction in MetaMask.