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Deposit

In order to borrow you need first to provide assets as collateral.

Background operations

  1. 1.
    User deposits 1 ETH in ETH/USDC vault
  2. 2.
    Fuji routes 1 ETH to Compound
  3. 3.
    Fuji borrows USDC from Compound
  4. 4.
    Fuji routes USDC to the user
  5. 5.
    Fuji mints a collateral token (1 FujiETH) to the user

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Last modified 1yr ago