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1. Connect your wallet
2. Provide collateral

User Guide

Collateral Debt Position

Provide collateral

How to provide collateral

PreviousCollateral Debt Position NextBorrow lisUSD

Last updated 2 months ago

1. Connect your wallet

NOTE

We are using MetaMask as the example wallet due to its wide adoption in the crypto community.

Visit the borrow and click Connect wallet.
Choose MetaMask from the list of wallets.
Connect with your wallet and switch to BNB Smart Chain (Mainnet) by clicking Switch network and approving the action in MetaMask.

2. Provide collateral

The minimum deposit transaction is 0.1 for BNB deposits.

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

Head over to your Lista DAO CDP dashboard here.

Select the type of collateral you would like to deposit, and click on "Deposit".

Enter the amount of collateral that you would like to deposit, and click deposit.

Confirm the transaction in MetaMask.

Once the transaction completes, you are done.