Welcome to Folks Finance official documentation!
Lock & Earn
Algo Liquid Governance
Creating a My Algo Wallet
Buying Algo using FIAT - CEXs guide
Buying Algo with FIAT - Pera wallet/MyAlgo wallet guide
Folks Finance's Testnet
What can I do with gALGO?
Aeneas liquidity program
Terms & Conditions
It is possible to rebalance an open debt position, adding or reducing collateral or increasing the borrow amount.
It is possible to
an open loan position by
the borrowed amount.
How to rebalance an open position
According to the user's strategy and the
the user can:
collateral -> If the collateral value decreases due to market volatility, the user may need to add collateral to avoid the liquidation of the loan position.
collateral -> If the Liquidation Margin value allows, the user may decrease their collateral.
borrow -> If the market price and the Liquidation Margin value allow, the user may increase their loan.
The required collateral
are different for each asset/collateral pair.
page in the navigation bar of the web app
section select the pair asset|collateral you would like to rebalance.
By clicking on the desired asset, a dedicated widget appears. Switch to
Choose between Add Collateral, Reduce Collateral and Increase Borrow.
If you are using Pera Wallet, please, remember to confirm the operations from your smartphone.
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