iA Borrow Tutorial

How to create and manage borrowing positions

Opening a position

If you're a whitelisted user in your alpha, connect your whitelisted wallet and you'll be taken directly to the main Borrow page.

Select the amount of iASOL you want to provide as collateral and the amount of iAUSD to borrow. Alternatively, you can select what LTV you would like to use. The suggested safe LTV is 50%. The max safe LTV allowed in the app is 60%. After selecting the parameters of the position click Borrow iAUSD and confirm the transaction in your wallet.

Position Management

In the Dashboard tab, the open position can be viewed and managed. Collateral can be increased or withdrawn. Similarly, the outstanding loan can be paid back or more iAUSD can be borrowed.

Swap iAUSD to USDC

To facilitate iAUSD <> USDC swaps, InshAllah has created a concentrated liquidity AMM pool (CLMM) on Raydium. The Swap iAUSD tab leads the user to the Raydium pool interface. InshAllah is providing liquidity on this pool to facilitate swaps a 1:1 rate (excluding the 0.01% pool fee)