How to Borrow on Neptune

This guide steps you through how to connect to the Neptune Finance application and open a margin account to start borrowing assets for your defi strategies.

1. On Neptune Finance application, first connect your wallet by clicking connect wallet.

2. Select your preferred wallet.

3. With your wallet connected, you can now see the available assets you can use in Neptune.

4. Click the 'Borrow' tab to go to the borrow page.

5. In the borrow page, you can deposit the assets you have available as collateral.

6. Enter the amount of tokens you want to deposit as collateral.

7. Click the 'add collateral' button to execute the add collateral transaction.

8. Approve the transaction in your wallet.

9. Now you have a new margin account with the collateral you just deposited.

10. You now have collateral in your first margin account. Now you can borrow an asset. Click 'borrow' on the asset that you want to borrow in your margin account.

11. Enter the amount of tokens you want to borrow. The account health visual will update automatically to show your estimated account health with the amount of tokens you have entered.

12. Once you've entered your amount click the 'borrow' button to execute the borrow transaction.

13. Approve the transaction in your wallet.

14. You now have an active borrower position. You can see more information about your borrower position if you click the dropdown details of your subaccount.

15. You can edit the name of your margin account for easier personal tracking.

16. Now that your margin account is set up, be sure to monitor your collateral, debt and account account health values. If your account health ever goes below 1, your margin account would be subject to liquidation.