Borrow

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.

Background operations

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