Open a Position
Step-by-step guide to opening a position on JPEG'd
On the https://jpegd.io/ website, you can visit the My Vaults screen and deposit an NFT of your choice (must be supported by the protocol).
Borrowing is easy and can be done in a few simple steps.

The Dashboard shows you your available assets to borrow against and your positions.

When selecting NFTs, the action button will be activated, showing all the actions that can be taken with the selection.

It's also possible to opt-in for liquidation insurance.
Please note that for borrowing against Cryptopunks, they need to be first deposited in the escrow contract before they can be used as collateral. The deposit transaction will queue up from the modal and borrowing will be enabled once all selected cryptopunks have been transferred.

Confirm you borrow

Last modified 12d ago