Borrowing
Please review Disclaimer: Risk of Using Protocol and Terms of Service before using the Yeti Finance and/or interacting with YETI or YUSD. Yeti Finance & YETI/YUSD are not avaliable in the U.S.
With Yeti Finance, users can borrow against their portfolio of assets with a single loan. Open your position (Trove) by depositing any tokens onto the Yeti Finance platform and borrowing YUSD, an overcollateralized hard-pegged stablecoin. Depositors not only keep their farming and staking rewards on yield-bearing assets, but also borrow YUSD to either stake, provide liquidity, or leverage up to 11x.
To learn more about how borrowing on Yeti Finance works, please refer to the technical documentations here.
Last modified 6mo ago