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Trader Joe
Learning Centre
Marketing
Security & Contracts
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.Go to the My Portfolio page.
- 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.You can also find the collateral value. This is the amount that you can borrow tokens against the asset.
- 4.On the right, there is a switch to turn on collateralization.
- 5.Click the switch to turn on and enable your deposited tokens as collateral.
- 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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Last modified 5mo ago
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