XOXNO
  • ๐Ÿ”ฅZero to DeFi
    • Introduction
    • DeFi Initiation
  • Smart Explorer
  • E-Mode Master
  • Pro Strategist
  • XOXNO Ecosystem
    • ๐Ÿ“–Introduction
    • ๐Ÿ”NFT Marketplace
    • ๐Ÿš€NFT Launchpad
    • ๐ŸŽฏXOXNO Liquid Staking
    • ๐Ÿ’ฑeGLD Liquid Staking
      • Protocol Overview
      • Advantages
      • User Actions
    • ๐ŸฆซLend and Borrow
      • Borrow
      • Supply
      • Repay
      • Withdraw
      • Liquidation
      • Flash Loans
      • E-Mode
      • Vault
      • Isolated Pools
      • Several positions for different markets
  • Multiply
    • Liquid Boost
    • Smart Collateral
    • Smart Debt
    • Smart Debt Classic
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  1. Multiply

Smart Collateral

๐Ÿ“Œ What it is: You supply a liquidity pool token (like XEGLD/WEGLD LP) and borrow a basic token (like EGLD).

โœ… How it works: Your LP token earns trading fees. You use that as collateral and take out a loan in a base asset, keeping your LP position intact and earning.

๐Ÿ’ก Why to use it: When an LP is super active (high trading volume), you earn more by just holding it than staking a basic token.

๐Ÿงช Example:

  • Supply: XEGLD/WEGLD LP

  • Borrow: EGLD

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Last updated 12 days ago

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