> ## Documentation Index
> Fetch the complete documentation index at: https://docs.vanna.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Borrow

> Borrow XLM, BLUSDC, AqUSDC or SoUSDC against your collateral at 1x to 10x, with Single or Dual Borrow.

Borrowing happens in the **Leverage your Assets** tab, together with a deposit or against collateral already in the account.

![Leverage your Assets tab with a 10 XLM deposit marked WB, Add Collateral, Single Borrow selected on the Single / Dual Borrow toggle, a BLUSDC borrow of 1.6955648 with a Max Value button, Total \$1.70 of Max \$1.70, and the leverage slider at 2 on a 1x, 4x, 7x, 10x scale](https://mintcdn.com/vannafinance/nTvFas2wipJFpeKy/images/stellar/margin/margin-leverage.png?fit=max\&auto=format\&n=nTvFas2wipJFpeKy\&q=85\&s=63cae475feb12253e47c06aee6228fe6)

Deposit 10 XLM and borrow BLUSDC at 2x: the Single / Dual Borrow toggle, Max Value and the 1x to 10x slider. Click the image to zoom.

**1. Set up the deposit**

Under **Deposit**, pick a token and amount. **WB** deposits from your wallet. **MB** sizes the loan against collateral already in the margin account, so nothing new is deposited.

**2. Choose Single or Dual Borrow**

**Single Borrow** puts the whole loan on one asset. **Dual Borrow** splits it 50/50 across two different assets from two pools (you can edit each amount).

**3. Pick the asset**

Choose XLM, BLUSDC, AqUSDC or SoUSDC. Borrow the USDC variant your venue uses: BLUSDC for Blend, SoUSDC for Soroswap, AqUSDC for Aquarius.

**4. Set the size**

Drag the slider (**1x to 10x**), use **− / +**, type an amount, or click **Max Value**. **Total** and **Max** show the loan in USD. Max = deposit × (leverage − 1).

**5. Review and sign**

**Transaction Details** shows account leverage, what you're depositing and borrowing, margin collateral, outstanding debt, health factor and liquidation buffer, before → after. Click **Deposit & Borrow** (or **Borrow** in MB mode) and approve.

## How many signatures

| Case | Transactions |
| - | - |
| One collateral, Single Borrow | **One**: deposit and borrow together (`deposit_and_borrow`) |
| One collateral, Dual Borrow | **Two**: deposit + first borrow, then the second borrow |
| Several collaterals | Deposits first, then the borrow(s) |
| MB (borrow only) | One borrow per asset |

If a combined deposit-and-borrow would exceed Soroban's per-transaction budget, the app splits it into a deposit and then a borrow. If the second borrow of a Dual Borrow fails, the first one stays done. Check your positions before retrying.

## Where the loan goes

Borrowed tokens land in your **margin account**, not your wallet, and count as collateral there. From there you can [swap](https://docs.vanna.finance/stellar/guides/trade/spot-swap.md) or [farm](https://docs.vanna.finance/stellar/guides/farm/overview.md). To take them out, use [Transfer Collateral](https://docs.vanna.finance/stellar/guides/margin/transfer-collateral.md); that withdrawal is health-checked.

## Limits

* The Risk Engine rejects a borrow unless the account stays **above 1.10** afterward. The app shows the highest leverage that allows, up to 10x.
* A pool lends only the cash it holds, and no borrow can push it past **95% utilization**.
* The app warns you when the health factor after borrowing would sit between 1.10 and 1.25.

## Interest

Debt grows at the pool's **Borrow APY**, which rises with utilization. **Net Borrow Rate** on the Margin page is your account's blended rate. Accrued interest shows in **Positions** and on **Portfolio**.

> [!WARNING]
>
> At or below a Health Factor of 1.1, a priced account with debt is a liquidation candidate. The current liquidation path transfers remaining collateral to the liquidator; it does not automatically close the SmartAccount.

Next: [Repay](https://docs.vanna.finance/stellar/guides/margin/repay.md).


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