Comment on page
Borrowing
Borrowers can repay or borrow more PAR at any time, within the limits of the MCR. Borrowing alters the available PAR in the
AdminInceptionVault contract. When one borrows, the Vaults contract transfers PAR from the AdminInceptionVault contract to the borrower.
Borrowing PAR
Borrowers can continue to borrow PAR as long as they deposit a greater value of collateral in their vault and within the limit of the
AdminInceptionVault PAR balance. This guarantees that all borrowed PAR are fully backed by sufficient collateral.Last modified 2mo ago