Banx I Perpetual loans on Solana 🫰 💰
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      • TODO: update Tips for lenders
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  1. BANX PROTOCOL
  2. How to borrow?

Tips for borrowers

How to have a great borrowing experience

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Last updated 1 year ago

🧠 Keep your loans healthy

  • If you keep your loan healthy (i.e. at a reasonable LTV), it is highly likely that it will be refinanced via auction if you receive a refinancing call

  • Higher LTV loans may not benefit from the same level of lender appetite, potentially resulting in a higher number of refinancing calls and unsuccessful refinance attempts

  • Remember to check in regularly to monitor your loans and make partial repayments (to lower your LTV) if necessary

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In order to avoid missing important notifications such as refinancing calls, we strongly recommend subscribing to Banx notifications using:

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