Borrow
Last updated
Last updated
joi's borrow feature unlocks a revolutionary way to access liquidity without triggering a realised gain. you are able to borrow in an overcollateralised fashion USDC against your vault deposit. this allows you to create liquidity while not trigger a realised gain. your vault deposit continues to share the performance, this means you are able to make money from the money that is making you money : the degen way. As an example : you deposit 10,000$ into a market making vault that give you a share of the performance. you then borrow 5,000$ against your deposit, paying a fee. you are then able to use that 5,000$ as you wish all the time while its still earning a performance share.