Borrow

An explanation for Archi Bank loans.

Connect Wallet

A wallet must first be connected in order to use Cripto Archi Finance services.

Connect Wallet (Sevice)

Select Collateral

You must first have collateral to get a loan. Select collateral so that you can set a borrowing limit that exceeds the amount you want to borrow.

Enter Market

The borrowed assets are automatically set as collateral even if they are not selected.

Loans page

On the loan page, a list of assets is provided on the right, and UI elements for loan status and loan details are on the left.

The KRW price of the selected asset is provided at the top left.

ETH uses Chainlink’s price feed, ARCD uses a fixed price of $1, and CAT uses Archi Bank’s price oracle’s time-weighted average price.

The box area with a silver background displays the current amount borrowed, the amount in KRW, and wallet balance. The loan interest rate, total amount borrowed, and liquidity of the asset are also provided. Asset liquidity refers to how much can be borrowed.

The borrowed amount displays the amount borrowed by the user plus interest.

In the lower left—the amount of loan available, the amount converted into KRW, and the utilization of the maximum borrowing limit—are provided. In addition—the current utilization of the borrowing limit, the change after the loan, and the expected interest rate—are provided.

Input Loan Amount

Input loan amount that is within acceptable quantities.

The utilization of the borrowing limit increases according to the amount borrowed.

Loans

Click the Loan button.

If a loan is made on an asset that is not selected as collateral, the asset will be processed as a selected collateral.