Borrow & Repay
To borrow or repay liquidity, borrowers must be connected to the Clearpool App with their verified wallet:
- From the pool dashboard, click
- Enter the amount of USDC that you want to borrow or repay
- Approve the transaction in your wallet
Once the transaction is confirmed, the USDC will be removed from, or returned to, the smart contract.
Borrowing and repaying liquidity will affect the utilization and interest rates respectively.
When a borrower removes liquidity from the smart contract, interest will begin to accrue and be applied to the utilization rate on every block (see Interest Rates for more information).