If you are new to Kashi, it is recommended to start off with a small amount on a cheaper chain (Polygon, AVAX, Fantom etc.) so you can try out the process and make some mistakes initially. In this article, we will use Kashi on Polygon.

Step 1: Head over to the borrow section of Kashi. To access it from Sushi’s UI, click on the ‘Kashi’‘Borrow’ buttons.

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Step 2: Select the pair with the collateral you have and the asset you want to borrow.

In this example we will use USDC as collateral to borrow WMATIC.

In this example we will use USDC as collateral to borrow WMATIC.

Step 3: Once you’ve made your selection, you’ll be redirected to a new interface. ****Navigate to the ‘Repay’ tab.

There are two ways to repay your loan:

Step 3-1: Repaying with the asset borrowed

Choose where you want to repay your funds from - Your ‘Wallet’ or Bentobox. Click the ‘Max Repay’ button to populate the value. Then choose where you want your collateral to be sent to - Your ‘Wallet’ or Bentobox. Click the ‘Max Repay’ button to populate the value.

When you’re done, click on the ‘Repay and Remove’‘Confirm Repay’ buttons to execute the transaction.

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Step 3-2: Repaying with your collateral

Turn on the knob for ‘Close Position’. Then click the ‘Close Position’ buttons to execute the transaction.