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Borrowing is available after you deposit some assets as collateral in the protocol. Fuji DAO lets you borrow at the lowest rate across different protocols.
- 1.User intents to borrow 1000 USDC from Fuji
- 2.Fuji routes this request to Compound and borrow 1000 USDC
- 3.User receives 1000 USDC
- 4.Fuji ERC1155 mints a debt token (1000 FujiUSDC) to the user