# Borrowing

Gyrowinʼs borrowing platform is designed to work seamlessly with other utilities within the ecosystem, such as prediction markets and other future utilities. This integration creates a unified user experience and unlocks unique opportunities:

* **Leverage Across Utilities:** Borrow funds directly on the platform and use them to participate in prediction markets or other Gyrowin services.

## Borrow Within the Platform

Gyrowin enables users to borrow assets without relying on external services, reducing friction and providing immediate access to liquidity.

* **Efficiency:** Borrowed funds remain within the platform, allowing for faster and more cost-effective transactions.
* **Utility Across Use Cases:** Use borrowed funds to place predictions, participate in governance, or access future utilities, making Gyrowin a one-stop solution for all financial needs.

## Supported Assets & Configuration

Users can borrow supported assets by depositing collateral. The borrowing capacity depends on the collateral value and the Loan-to-Value (LTV) ratio. If the loan exceeds safe thresholds, it may be subject to liquidation.

**SUI**

* **Borrow Fee:** 0.3% (30 BPS)
* **Borrow Limit (Quantity):** 5,000,000 SUI
* **Borrow Limit (USD):** $15,000,000

**USDT, USDC**

* **Borrow Fee:** 0.2% (20 BPS)
* **Borrow Limit (Quantity):** 15,000,000 USDC
* **Borrow Limit (USD):** $15,000,000

#### Example - Borrow Weight

If you borrow **2 SUI** at **$3** each, with a **borrow weight of 1**, your effective borrowed value is:

```
2 * $3 * 1 = $6
```

This weighted amount is used to calculate LTV and liquidation risk.

## Glossary

* **BPS (Basis Points):** 1% = 100 BPS. So 30 BPS = 0.3%
* **Open LTV Percent:** Maximum allowable loan amount based on collateral (before liquidation is triggered).
* **Close LTV Percent:** The threshold at which liquidation starts.
* **Max Close LTV Percent:** Absolute maximum limit before bad debt risk increases significantly.
* **Borrow Weight:** A multiplier applied to the borrowed asset value, used in risk calculation.
* **Liquidation Bonus:** Extra value received by liquidators as incentive.
* **Protocol Liquidation Fee:** Fee retained by GyroWin when liquidation occurs.