Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Ready to explore Web3 lending? Here's what you need to know about getting started.
First, supply your assets as collateral to the lending protocol. The amount you deposit determines your borrowing capacity—more collateral means more flexibility to borrow.
Next, borrow the assets you need against your deposited collateral. The protocol calculates your loan-to-value ratio automatically, so you always know your risk threshold.
Managing your position is straightforward: monitor your collateral balance, track your debt, and maintain a healthy margin to avoid liquidation. Most Web3 wallets now integrate these DeFi tools directly, so you can monitor everything in one place without jumping between platforms.
The key is staying on top of market movements and your loan health. Whether you're looking for liquidity or exploring yield strategies, understanding how collateral, borrowing, and loan management work is essential for navigating DeFi confidently.