Deposit & Borrow
Open a trove by depositing collateral and borrowing ALUD stablecoin.
Source: client/src/pages/deposit.tsx
Overview
The Deposit page allows users to open new collateralized debt positions (troves) or add to existing ones. Users select a collateral type, deposit an amount, and borrow ALUD against it.
Supported Collateral
WBTC
110%
Chainlink
WETH
110%
Chainlink
LINK
110%
Chainlink
Open Trove Flow
Select collateral type (WBTC, WETH, or LINK)
Enter collateral amount to deposit
Enter ALUD amount to borrow
Review:
Collateral ratio (must be > 110%, recommended > 150%)
Liquidation price
Health factor
Approve token spending if needed
Click Open Trove and confirm transaction
UI Elements
Collateral selector — Toggle between WBTC, WETH, LINK
Amount inputs with percentage quick-select (25%, 50%, 75%, 100%)
Ratio indicator — Color-coded (red < 120%, yellow 120-150%, green > 150%)
Liquidation price — Red alert box showing at what price you'd be liquidated
Existing positions sidebar — Shows your active troves if any
Adding to Existing Troves
If you already have a trove for a collateral type:
Add Collateral — Deposit more to improve ratio
Borrow More — Mint additional ALUD (ratio must stay > 110%)
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