Auro Finance Documents
  • Auro Finance - Testnet Event
  • Introduction
    • Overview
    • Collateral Debt Position - USDA
      • Collateral
      • USDA: A Decentralized, Collateral-Backed Stablecoin
  • FAQ
  • Governance
    • AURO
  • gAURO
    • gAURO Summary
    • gAURO Locking Mechanics
    • Auro Finance Governance
    • gAURO Emissions & Community Incentives
    • Auto-Compounding
      • Protocol Fees & Community Incentives
    • Revenue & Operational Costs
  • User Guide
    • Collateral Debt Position
      • Provide Collateral and Borrow USDA
      • Repay USDA
      • Withdraw collateral
  • AURO / gAURO
    • Lock AURO
    • Extend AURO lock
    • Merge / Split
    • Claim Rewards
  • For Developer
    • Overview - for Developer
  • Others
    • Legal Disclaimer
    • Brand Asset
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  1. User Guide
  2. Collateral Debt Position

Provide Collateral and Borrow USDA

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Last updated 6 days ago

1. Connect your wallet​

NOTE: We are using Petra Wallet as the example wallet due to its wide adoption in the Aptos community.

  1. Go to the top right of the website and click Connect wallet.

  2. Choose Petra from the list of wallets.

  3. Connect with your wallet

2. Provide collateral​

The minimum deposit transaction is 0.02 for APT deposits.

The maximum total borrow limit for USDA is currently set at 69,000,000 USDA tokens.

  1. Head over to your Auro Finance CDP “Dashboard” here

  2. Choose “Create Position”

  1. Select the type of pools you would like to deposit into

  1. Enter the amount of collateral that you would like to deposit and the amount of USDA you would like to borrow or mint, and click “Create”.

  1. Confirm the transaction in Petra and you are done