Borrow USDC against DexFi Treasury Bonds
How a loan works, and how it can be liquidated
Mint with ETH through Recoup and borrow USDC against them. Their yield pays your debt down, and your debt rises only if you borrow more, but a fall in the bonds' value can still get the loan liquidated. To mint new bonds with ETH, connect a wallet and use the loan panel below: DexFi signs a quote for each mint, and the panel checks the mint contracts before it asks you to sign anything.
New here? Read what DexFi bonds are and how liquidation works before you borrow.
YOUR FIRST LOANstep 1 of 3
- Step 1 of 3: Mint bondsnow
- Step 2 of 3: In custodynext
- Step 3 of 3: Borrownext
Pay ETH in the panel below and DexFi mints Treasury Bonds for you.
Connect a wallet in the panel below to start.
- A wallet on Base.
- ETH on Base to pay for your bonds: the ETH price of each bond, shown in the panel below once you connect, plus a little for gas. The smallest mint is 1 bond.
- Bonds you already hold cannot be brought in through this site.
OPEN A LOAN
Reading NAV from BaseConnect a wallet to open a loan that repays itself.
TOTAL VALUE LOCKED
Reading protocol totals from Base
collateral at the oracle's NAV, plus the lender pool
DEBT OUTSTANDING
Reading protocol totals from Base
recorded debt, before streamed repayments
INSURANCE FUND
Reading protocol totals from Base
target: 5% of outstanding debt