Prax AI
  • Welcome to Prax AI
  • FAQ
  • 💁 GUIDES
    • Borrowing on Prax AI
      • Creating a loan request
      • Borrowing from asset/collection page
      • Repaying loans
    • Lending on Prax AI
      • Funding loans
      • Making token and collection offers
      • Claiming repayment
      • Claiming defaulted collateral
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  1. 💁 GUIDES

Borrowing on Prax AI

PreviousFAQNextCreating a loan request

Last updated 5 months ago

Borrowing on Prax AI is easy as ABC. Pick your collateral, choose your terms, post your loan request and get funded.

And don't worry about liquidation and volatility. Once set, the terms don't change and the only way to lose your collateral is to miss the repayment deadline.

Creating a loan request
Borrowing from asset/collection page
Repaying loans