Lending & Borrowing with Liquid Vaults

This section will show a step-by-step guide on how to collateralize Liquid Vaults to borrow USDC

Instructions

Before starting, please make sure to:

  • Go through the verification process

  • Obtain LP tokens via the Discord Bot

  • Add relevant networks

  • Connect your wallet

These steps are described in the previous articles

  1. Navigate to the Entangle Testnet and choose the Stake option from the Liquid Vaults dropdown list.

  2. Select the Mantle Testnet Network. If neccesary, click "Switch to Mantle Testnet"

  1. Select the desired amount of LP Tokens to stake. Approve and confirm the transaction. You will obtain Liquid Vaults in return.

  1. Navigate to Vendor Finance, connect wallet and select the Mantle Testnet Network.

  1. Select the FMDUC Pool and input the desired amount of Liquid Vaults to be used as collateral.

  2. Approve the transaction and confirm it. You have now successfully borrowed USDC by using Liquid Vaults as collateral!

  1. You can repay the USDC loan by going to "My Pools" and selecting the Loan under "Borrowed". Input the desired amount of USDC to repay and obtain Liquid Vaults in return.

  1. If you cannot see USDC in your wallet, make sure to add it manually by following this guide, or by copying and adding the token address as shown in the gif below.

If you encounter any issues or require assistance, do not hesitate to reach out to the Entangle team or the community for support via the Entangle Discord channel.

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