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

# Borrowing

> Draw pool quote against locked VIVA tokens at floor value — no running APR.

## What borrowing is for

Hold a pool token, **lock collateral**, receive **quote** (BNB/USDT) up to **floor-based** limits and **available pool liquidity**. Not financial advice; borrow **adds risk** even without classic liquidation auctions.

## Costs

| Item                      | Typical value       |
| ------------------------- | ------------------- |
| Open fee on new borrow    | **3%** (one-time)   |
| Running protocol interest | **None**            |
| Gas                       | BNB per transaction |

Net quote to wallet is shown in **Borrow** preview.

## UI flow

1. Open **Trade** → **Borrow**.
2. Enter **quote you want after fee** (follow UI labels).
3. Review **tokens to lock** and optional **max tokens** safety cap.
4. Confirm in wallet.

**One address, one loan position per token.**

## Repay / unlock

1. **Repay** tab: choose collateral to unlock.
2. App shows **quote to send**; excess returns per pool rules.
3. If **floor rose** since borrow, you may unlock some tokens **without quote** — read full simulation.

## Limits

* Pool **available quote** too low.
* Borrow size rounds to zero.
* Wallet cap below required collateral.

## vs traditional lending

* Health tied to **floor rules**, not hourly oracle liquidators.
* You can still lose if **market price** falls or you loop exposure.

<Warning>
  Tiny collateral dust can remain after full repay due to rounding; UI may block until a future fix.
</Warning>

## Loops

Borrow → buy more → borrow again increases exposure. Volatility risk remains.

## Related

[Fees](/concepts/fees) · [Floor and curve](/concepts/floor-and-curve) · [Security](/security)