TheStandard Protocol
HomepageOpen Dapp
  • Introduction
    • What is TheStandard?
    • Vision Statement
    • What is DeFi?
    • Key Benefits
    • USDs & EUROs
    • Collateral Types
    • ❕Important links and addresses
    • Disclaimer
  • Getting Started
    • ⭐Quick Start Guide
    • Connecting Your Wallet
    • Understanding Smart Vaults
    • Supported Assets
    • Cross chain DEX How-to
  • Core Concepts
    • Borrowing Process
    • Staking TST and USDs
    • Liquidity and Peg Stability
    • DeFi and Liquidity Pools Explained
  • Borrowing USDs / EUROs
    • How to Deposit Collateral
    • Collateralization Ratio
    • Managing Your Debt
  • Yield Generation
    • Stable Pools vs. Volatile Pools
    • Impermanent Loss
    • Optimizing Your Yield
  • TST Token and Staking
    • What is TST?
    • How to Stake TST
    • Staking Rewards and Benefits
  • Governance and DAO
    • The Role of the DAO
    • How Voting Works
    • Submitting Proposals
  • Security and Risk Management
    • Audits and Safety Measures
    • All About Liquidation
  • Roadmap and Future
    • Upcoming Features
  • Additional Resources
    • Press Kit
    • Troubleshooting Guide
    • Frequently Asked Questions
    • Community Resources
    • Developer Documentation
    • What is Arbitrum one?
      • ➕Adding Arbitrum one
      • Bridging crypto to Arbitrum
    • ⚖️Understanding Stablecoins
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  1. Core Concepts

Borrowing Process

Borrowing USDs from The Standard is a straightforward process:

  1. Deposit Collateral: Users begin by depositing their preferred collaterals into their Smart Vault. (All smart vaults are fully under the users control.)

  2. Collateral Evaluation: The collateral is evaluated by the smart contracts using chainlinks decentralized price feeds. The Smart Vaults value is calculated based on current market prices collected by those chainlink price feeds.

  3. Mint USDs: Users can then borrow USDs against their collateral, up to the maximum allowed based on the collateralization ratio of 110%. The borrowing is done at 0% interest.

PreviousCross chain DEX How-toNextStaking TST and USDs

Last updated 7 months ago