Borrowing and minting PAR
To borrow and mint PAR equal to
BORROW_AMOUNT, call the VaultsCore.borrow() function.VaultsCore.borrow(myVaultId, BORROW_AMOUNT);
Your maximum borrow amount is equal to:
Max Borrow amount = collateral deposit amount * collateral price / collateralization ratio (e.g. 1.6)
Make sure you do not borrow beyond your maximum borrow amount to avoid getting liquidated.
Last modified 9mo ago