> For the complete documentation index, see [llms.txt](https://guide.pawnfi.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guide.pawnfi.com/loan/lending-market-how-to-borrow.md).

# Lending Market - how to borrow

### 1. Supply assets

### 2. Enable supplied asset(s) as collaterals

<figure><img src="/files/218srl4izauoaX6Xuuro" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/eGVWUI7wJJXOggjWL3HJ" alt=""><figcaption></figcaption></figure>

* Each asset used as collateral increases your borrow limit.&#x20;
* Be careful, this can subject the asset to being seized in liquidation.
  * If you supplied NFT and enable as collateral, it will be P-Token instead of NFT being liquidated at first place -  P-Token will be acting as your buffer.
  * Please see [this doc](broken://spaces/ANpZvIKHgHAKDB4NMR72/pages/mRFyLUHVOA3iZmd9k8pO) for more information on Liquidation.

### 3. Select the asset that you would like to borrow

<figure><img src="/files/fhnf3wdD8ozRtMZeMpE0" alt=""><figcaption></figcaption></figure>

### 4. Enter the amount that you would like to borrow

<figure><img src="/files/4TH82tKqkoj5N6RfnI56" alt=""><figcaption></figcaption></figure>

### 5. Approve -> Submit transaction

After confirming all the information, click \[Approve] button to approve the transaction. After approval, click \[Borrow] button to initiate transaction. Once completed, you will be seeing the borrowed assets under "Borrowing".

<figure><img src="/files/3TgfCyHKDHLJzeMpXGpC" alt=""><figcaption></figcaption></figure>