Borrow

The borrowing feature offers a unique opportunity for users to leverage their Solana (SOL) holdings as collateral to acquire gKPR tokens.

Using SOL as Collateral:

The borrowing system allows users to use their Solana (SOL) holdings as collateral. This means that users can temporarily lock in a portion of their SOL assets to access gKPR tokens.

Collateral Value Limit:

Users can borrow up to a maximum of 85% of the value of the SOL they provide as collateral. This ensures a responsible borrowing limit while allowing users to make the most of their existing assets.

Receiving gKPR Tokens:

Once the SOL collateral is successfully deposited, users receive a corresponding amount of gKPR tokens in return. These tokens can be used within the xBot.bi ecosystem for various purposes.

Repayment with gKPR Tokens:

To retrieve the collateralized SOL, users are required to repay the borrowed gKPR tokens. This process essentially functions as a means of repayment. By using gKPR tokens, users can reclaim their original collateral.

The borrowing feature in xBot.bi opens up exciting opportunities for users to leverage their existing SOL holdings to access gKPR tokens. It's a way to make the most of your assets and actively participate in the xBot.bi ecosystem. By utilizing this feature responsibly, users can unlock additional value and enhance their overall experience within the platform.