> For the complete documentation index, see [llms.txt](https://docs.nusa.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.nusa.io/nusa-v2/lending-market/borrow-token.md).

# Borrow Token

Nusa V2 empowers you to borrow crypto assets instantly by using your existing tokens as collateral. Whether you need liquidity for trading, staking, or covering short-term expenses without selling your holdings. Our Borrowing feature offers competitive borrowing rates.

Follow this tutorial to borrow tokens on Nusa V2

{% hint style="info" %}
Make sure you have an active supply balance to borrow tokens on Nusa. You can follow this tutorial to [deposit tokens](https://app.gitbook.com/o/uZUEOTYz8KBBN8BmUAxx/s/CsQrs8GTxejVrINYNH9J/~/changes/45/nusa-v2/lending-market/lend-token).
{% endhint %}

{% embed url="<https://youtu.be/JtdwwQ-yYYs>" %}

### **Step-by-Step Guide:** <a href="#step-by-step-guide" id="step-by-step-guide"></a>

1. Visit the [Nusa Official Website](https://home.nusa.io/) and click **Launch App**

   <figure><img src="/files/EDNFUDEekY8l5SxKnDK2" alt=""><figcaption></figcaption></figure>
2. Click the **Connect** button to connect your wallet.

   <figure><img src="/files/THoMZzzMIxlw746g3aEv" alt=""><figcaption></figcaption></figure>
3. Hover the **Lending** menu and click **Lend/Borrow**

   <figure><img src="/files/eRptnlmzJ4iP5QKg3boe" alt=""><figcaption></figcaption></figure>
4. Choose which token you'd like to borrow. Enabled the collateral factor and then click the **Borrow** button.

   <figure><img src="/files/XEwMP2ECa9cwh6TffZoi" alt=""><figcaption></figcaption></figure>
5. Input how many tokens you'd like to borrow. You can click the **Max** button to supply all of your available tokens. Keep in mind that, higher the borrowing value higher the risk. You have to keep the health ratio in order not to get liquidated.

   <figure><img src="/files/xKYPiqT1nd8XVBDD70eh" alt=""><figcaption></figcaption></figure>
6. Now, click the **Borrow** button to initiate the process. Sign the transaction in your wallet and wait until the transaction is successful.&#x20;

   <figure><img src="/files/zF2UGD50y3i5AxWQE2SO" alt=""><figcaption></figcaption></figure>

   <figure><img src="/files/Z5Ec3TAxxtragbVxIJCl" alt=""><figcaption></figcaption></figure>

   <figure><img src="/files/D6bjuYOeyiES1QGCvGdJ" alt=""><figcaption></figcaption></figure>
7. Congratulations, you've made your first borrow on Nusa Lending platform. You can use the borrowed token for your needs. **Do not forget to check your health factor periodically. Maintaining a healthy limit prevents liquidation.**

   <figure><img src="/files/UlH5asWTIpdOO3pBsrWz" alt=""><figcaption></figcaption></figure>
8. **\[Optional]** Next, if you'd like to get your principal back, you must repay your loan first by clicking the **Borrow** button again. After that, move to the **Repay** tab.

   <figure><img src="/files/2TJkvR2HcJpzycmlioKd" alt=""><figcaption></figcaption></figure>

   <figure><img src="/files/fI1RpYMWlvsZfU4nSdSP" alt=""><figcaption></figcaption></figure>
9. Input how many tokens you'd like to repay. You can click the **Max** button to repay all loan.&#x20;

   <figure><img src="/files/TgG0tV5IXPI5JA9kJUJO" alt=""><figcaption></figcaption></figure>
10. If this is your first time repaying a loan, you need to give Nusa's smart contract approval by clicking the "**Approve**" button. Then, sign the transaction in your wallet to proceed.

    <figure><img src="/files/c7R5wrWCD2lXGwYgwaHi" alt=""><figcaption></figcaption></figure>

    <figure><img src="/files/MTnqM38oRlvEUAQoqoMV" alt=""><figcaption></figcaption></figure>
11. Now, click the **Repay** button to initiate the repayment process. Sign the transaction in your wallet and wait until the transaction is successful.&#x20;

    <figure><img src="/files/JIuOMfczZyXwauNHBiYY" alt=""><figcaption></figcaption></figure>

    <figure><img src="/files/JxqGOI4Tz8eGGnZWfBGQ" alt=""><figcaption></figcaption></figure>

    <figure><img src="/files/lgf9DYwJjg8ltnE52hTd" alt=""><figcaption></figcaption></figure>
12. Congratulations, you've successfully repaid your loan. As you can see, your health factor is improving, and the limit is increasing. From now on, you can follow [this guide](https://app.gitbook.com/o/uZUEOTYz8KBBN8BmUAxx/s/CsQrs8GTxejVrINYNH9J/~/changes/45/nusa-v2/lending-market/lend-token) to withdraw your principal.

    <figure><img src="/files/RaubXT0goPtcpHx2AeQe" alt=""><figcaption></figcaption></figure>