Open a Borrow position
Learn how to open a borrow position with Stop-Loss
Last updated
Learn how to open a borrow position with Stop-Loss
Last updated
Oazo Apps 2023
Open an Aave Borrowing position simply by choosing a pair, depositing collateral, and borrowing debt. You can do this in the same transaction following the tutorial below.
Managing your position is as seamlessly as opening, you can choose to manage either your collateral or your debt, with the classic alternatives to deposit, withdraw, payback, or draw more debt. Watch your Loan to Value when managing your position.
Now, you can protect your position by adding a Stop-Loss. You need to setup the Loan to Value where your automated transaction will be triggered, and your position will be closed.