EFG dApp Is Officially Launched!
We are delighted to introduce a new feature of ECOC, “EFG Lending System”.
The EFG lending system is officially launch now! You all can start lending EFG by going to the EFG Lending website.
Prepare your ECOC and start lending EFG now!
How do I start lending EFG?
To start lending EFG, you must deposit ECOC first as a collateral to borrow EFG. The system will calculate the amount of EFG you can borrow according to your collateral!
1. Go to EFG lending website
2. Create and connect your ECOC wallet.
3. Your asset balance (ECOC) will be shown on the right-hand side.
4. In “Collateral” section, click “ECOC”.
5. Input the collateral amount (ECOC) and click “Deposit”.
6. It will show your “Collateral Balance” and “Borrow Balance” on the top.
7. Find “Borrow” section and select “EFG”.
8. Input the amount of EFG you would like to borrow.
9. Click “Borrow”.
10. Finish lending EFG!