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Creating loan request as a borrower.
Because you're now familiar with the "Markets" tab, you can construct your own loan request if you want to borrow other assets.
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By hitting the "CREATE LOAN REQUEST" button, a pop-out window will open in which you will need to enter in all of the details for your loan request.
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Loan - You will need to select an asset from the list that you want to borrow and then enter the amount you want to borrow.
Collateral - You can pick between two assets for collateral: ADA or AADA. If you fail to return the loan, the collateral will be liquidated to cover the loan plus interest to the lender.
Interest - the amount you will pay to borrow It will be paid when the loan is repaid.
Term - The duration of your loan.
When you enter all of the information, the collateral ratio will show, indicating whether the loan is healthy and appealing to lenders. If your collateral ratio is low, you may not be able to locate a lender for your loan.
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Keep in mind that if the collateral ratio falls below 0.9, it will be withdrawn from the market page and simply displayed on the dashboard with the option to "withdraw."
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