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Welcome
Introduction
About Trader Joe
Getting Started
FAQ & Help
Guides
Become a Joe Partner
Trader Joe
Trading
Liquidity Pools
Yield Farming
Staking
Lending
Banker Joe - Introduction
How to Lend?
How to Collateralize Tokens?
How to Borrow?
How to Claim Rewards?
Risk Management (Liquidations)
Risk Parameters
Reward Distribution
FAQ Section
Launch
The Project
Learning Centre
Video Guides
Learning Series: DeFit
Marketing
Ecosystem Links
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Security & Contracts
Contracts
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How to Collateralize Tokens?
Step by step guide on Collateralizing your tokens.
You may collateralize your tokens to increase your borrow limit on Banker Joe. The higher your borrow limit, the more tokens you may borrow.

Enable Collateral

  1. 1.
    Go to the My Portfolio page.
  2. 2.
    In the 'Account Assets' section, you will see a list of the tokens that you have deposited, and the balance and total value.
  3. 3.
    You can also find the collateral value. This is the amount that you can borrow tokens against the asset.
  4. 4.
    On the right, there is a switch to turn on collateralization.
  5. 5.
    Click the switch to turn on and enable your deposited tokens as collateral.
  6. 6.
    To disable collateral, just turn the switch Off.
Account Assets section
Enable Collateral Confirmation
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FAQ

Can I collateralize only 50% of my deposited token?

No, collateralization is only on 100% of your deposit balance of a given token.

Why can't I disable collateral?

You may have an outstanding borrowing balance. Repay some of your borrowed tokens.
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