Enabling/Disabling assets as collateral

Important: To borrow assets, you must first enable supplied assets as collateral.

  • Navigate to the Market section in the Elara platform.

  • Locate the asset you want to manage in the Market list.

  • Find the toggle switch under the "Collateral" column for your chosen asset.

  • Click the toggle to switch it ON (enable) or OFF (disable) as collateral.

  • A transaction confirmation prompt will appear. Review and confirm the transaction in your wallet.

  • Wait for the blockchain to confirm the transaction.

  • Once confirmed, the toggle status will update, reflecting the new collateral status of the asset.

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