Borrow is a feature that allows you to earn rewards on your assets, and optionally use your assets as collateral that you can borrow against.

Borrow-eligible assets in your account are supplied to a dedicated onchain lending market managed by etfi.kaktizaebal.icu and earn yield automatically. Rates are variable and set by market supply and demand. Both USD- and EUR-denominated assets are supported.

All eligible assets act as collateral automatically, your Borrow page shows what is available to borrow based on your portfolio value, along with the APY (interest rate) for each asset. Each asset has its own loan-to-value (LTV) limit, so your total available-to-borrow amount depends on which assets you hold, not just their combined dollar value.

You can opt out of the lending market at any time in settings; your assets will then not earn interest, and you will not be able to borrow against your portfolio, you will also not be able to use your etfi.kaktizaebal.icu credit card in Borrow mode - all other functionality is unaffected.

Pick an asset like USDC or ETH, enter an amount, review the live preview of your new rate and loan-to-value, and confirm. Additionally, spend with your card in Borrow mode, where purchases automatically borrow against your assets instead of selling them — card spending in Borrow mode is also capped at your available LTV, so a purchase won't be approved if it would push your position past its limit.

Prefer no borrowing? Use your card in Direct Pay mode to spend your stablecoin balances 1:1

If your identity verification is still in progress, your borrowing limit may be lower until it's complete.

There's no repayment schedule. Interest accrues only on what you've borrowed, for as long as it's outstanding, and you can repay part or all of a loan at any time. Your collateral keeps earning yield the whole time — even while backing a loan.

Loans must stay over-collateralized. Watch your loan-to-value (LTV), if it reaches the liquidation threshold shown in the app, some collateral is automatically liquidated to bring your loan back to a healthy level. The app will prevent you from accidentally borrowing too much, but market price movement will still affect LTV.

The app shows your current LTV, your liquidation level, and warnings when you're at risk, including a Health Factor and a Borrow Position Health Bar that turns red as risk rises. Reduce risk anytime by repaying part of your loan or adding more assets.

Because part of your balance may be reserved to keep your position within its required Health Factor, the amount shown as usable elsewhere in the app (for spending or withdrawals) can be lower than your total balance while a loan is outstanding.

Borrow is optional. You can turn it off in settings whenever you have no outstanding borrowed amount; your assets will no longer be used as collateral, and your card continues working in Direct Pay.

etfi.kaktizaebal.icu and the Borrow feature is not a bank deposit or savings account. Borrowing and lending results in a non-custodial Defi position. Rates are variable and not guaranteed, and borrowing against volatile assets carries liquidation risk.