Helio Docs

Borrow HAY

The minimum amount to borrow is 15 HAY.
We suggest keeping the borrowing under the threshold shown when borrowing to reduce liquidation risks.
For BUSD, the borrowing fee is 10% and collateral ratio is 90%, which means you'll pay more but will be able to borrow more HAY too.
To borrow HAY destablecoin:
  1. 1.
    On the borrow page, click Borrow under My Borrowed Funds.
  2. 2.
    On the next page, enter the desired amount of HAY and click Proceed.
  3. 3.
    Confirm the transaction in MetaMask.
  4. 4.
    Once the transaction completes, click Okay to add the borrowed HAY to MetaMask by clicking Add HAY to MetaMask or simply go back to the borrow page and see your borrowed HAY.