How to multiply your collateral value with your new Vault  

  • Go to Oasis.app/borrow 
  • Connect your wallet which has the assets you plan to use. For example, if you want to use ETH to generate Dai, use the wallet that has ETH in it. 
  • If you want to use an asset that has more than one “Type”, for example “ETH-A” vs “ETH-B, check that the conditions for the Vault Type are in line with the risk you want. In particular you should check the Stability fee and Minimum collateralization ratio.   
  • Then click on “open Vault”      
  • On the right hand panel where it says “Configure your Vault” decide how much collateral you would like to deposit. (if using ETH, be sure to leave some in your wallet for gas). 
  • Then click “Generate Dai with transaction”, after which an input box will appear. 
  • Input how much Dai you would like to borrow while monitoring the left side of the screen where it says “liquidation price” and “Collateralization ratio”. These will be your future risk metrics. Make sure they are at a level that you think is safe. 
  • Click confirm, then set allowance and confirm again.  
  • Now your Dai is in your wallet, which you can see highlighted in the top right of your screen.  
  • Go to an exchange of your choosing. For example, Uniswap. Choose a trading pair between Dai and the collateral that you are using in your Vault. For example ETH/DAI. 
  • Swap Dai for Ether. 
  • Navigate back to your Vault with the same wallet that holds your recently acquired collateral. 
  • Click on the “Collateral” tab on the right side panel. Input the amount of collateral that you would like to deposit.  
  • Click confirm. You now have additional exposure to the collateral in your Vault! 

How to multiply your collateral value with your existing Vault    

  • Click “Generate Dai with transaction”, after which an input box will appear. 
  • Input how much Dai you would like to borrow while monitoring the left side of the screen where it says “liquidation price” and “Collateralization ratio”. These will be your future risk metrics. Make sure they are at a level that you think is safe. 
  • Click confirm, then set allowance and confirm again.  
  • Now your Dai is in your wallet, which you can see highlighted in the top right of your screen.  
  • Go to an exchange of your choosing. For example, Uniswap. Choose a trading pair between Dai and the collateral that you are using in your Vault. For example ETH/DAI. 
  • Swap Dai for Eth. 
  • Navigate back to your Vault with the same wallet that holds your recently acquired collateral. 
  • Click on the “Collateral” tab on the right side panel. Input the amount of collateral that you would like to deposit.  
  • Click confirm. You now have additional exposure to the collateral in your Vault!