> For the complete documentation index, see [llms.txt](https://docs.clovis.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.clovis.network/more/yei-finance/yeilend/borrow.md).

# Borrow

By depositing supported tokens as collateral at Yei Finance, you gain the ability to borrow various assets. The terms of borrowing, such as the Loan-to-Value (LTV) ratio, conform to predefined risk parameters, with interest accruing according to these terms.

### **How to Borrow?**

#### **Preparing to Borrow**

To enable borrowing, first deposit assets as collateral. The maximum amount you can borrow depends on:

* The value of your deposited assets.
* The type of assets you have deposited.
* The liquidity available in the assets you wish to borrow.

#### **Borrowing Procedure**

To borrow assets from Yei Finance, follow these straightforward steps:

{% stepper %}
{% step %}

## **Access the Dashboard**

Begin by navigating to the Yei Finance dashboard as you would for other transactions.
{% endstep %}

{% step %}

## **Select the Asset**

Go to the “Assets to Borrow” section, find the asset you wish to borrow, and click the “Borrow” button.
{% endstep %}

{% step %}

## **Specify the Amount**

Enter the desired borrowing amount manually or use the 'max' option to select the highest permissible amount based on your collateral.

![](https://content.gitbook.com/content/AVHC81FYBgMAILvctkBu/blobs/HY8SKmSHqLu9fntTKw65/image)
{% endstep %}

{% step %}

## **Review Terms**

Carefully review all associated terms, including any warnings, the Gas Fee, and your Health Factor.
{% endstep %}

{% step %}

## **Acknowledge Risks**

If presented, tick the box to acknowledge the risks involved in borrowing.

![](https://content.gitbook.com/content/AVHC81FYBgMAILvctkBu/blobs/aWaBDiJULS8xxHbs2NKB/image)
{% endstep %}

{% step %}

## **Confirm Transaction**

Click the "Borrow Asset" button to finalize the borrowing process.

![](https://content.gitbook.com/content/AVHC81FYBgMAILvctkBu/blobs/OqUL0YNL8d865opKsaUl/image)
{% endstep %}
{% endstepper %}

#### **Potential Risks of Borrowing**

Borrowing carries inherent risks, especially if market conditions fluctuate significantly:

* **Risk of Liquidation:** If your Health Factor falls below 1, the protocol may initiate liquidation of your collateral to cover the debt, which could lead to substantial losses.

#### **Borrow Caps**

Borrow caps define the maximum amount of an asset which can be borrowed. Borrow caps can be used to prevent traditional and flash borrowing of an asset which may experience a price exploit and lead to protocol insolvency. A borrow cap is an optional parameter, and the value will depend on-chain liquidity of the asset and total volume of borrowed assets in the pool.