Open a Position
Step-by-step guide to opening a position on JPEG'd
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