Borrowing
On this page
On a market’s page you supply a collateral token, then borrow the loan token against it, both in one panel. Positions live in your vault on Lista’s Moolah markets; the loan is sent to your wallet. Repay anytime; withdraw collateral once your debt allows.
Reading a market#
| Column | Meaning |
|---|---|
| Borrow rate | Lista’s variable rate; with ⚡ the LISTA emission is netted in (see Rates). |
| Max LTV (LLTV) | The most you can borrow per $1 of collateral. Cross it and you can be liquidated. |
| Liquidity | What lenders have supplied and not yet lent; you can’t borrow more than this. |
How much you can borrow#
The 0.5% haircut keeps a new loan from landing exactly on the liquidation line, and the Max button fills 99.5% of that again. Even so, a max borrow leaves almost no buffer: a small price move can make it liquidatable.
- Collateral
- 0.5 BTCB × $60,000 = $30,000
- × LLTV 80% × 99.5%
- $23,880
- − current debt
- − 12,500 USDT
- Borrowable now
- 11,380 USDT (if liquidity allows)
Collateral through a provider#
Some markets (BNB, slisBNB and smart-collateral LPs) take collateral through a Lista provider contract that supplies it on your vault’s behalf. Native BNB is sent with the transaction; ERC-20 collateral is approved to the provider. Withdrawing goes back through your vault to your wallet.
When the protocol is paused#
New supply, borrows and deposits are blocked; repay and every withdrawal stay open, so you can always reduce risk and exit. See Security & risk.