Oasis Borrow is the main entry point for users to take advantage of the Maker protocol. Through Oasis.app, users can generate (borrow) Dai, the world’s first user-created, unbiased currency and leading decentralized, asset-backed stablecoin. 

Dai has a stable price, soft pegged to the US dollar, and lives completely on the blockchain, making it borderless and available to anyone, anywhere. These and other blockchain benefits allow Dai to extend the power of traditional currency: it can be freely sent to others, used as payments for goods and services, or locked in a smart contract to earn savings.

Oasis Borrow allows users to borrow Dai against any collateral supported by the Maker protocol like ETH, WBTC, and 20+ more. With an intuitive and world class UX that’s constantly evolving to suit users needs, the process to borrow Dai is seamless. 


  • Extra liquidity: Users gain access to extra liquidity, since Dai is a stablecoin this liquidity can be used for trading, spending or saving, all use cases are available. 
  • Multiple collaterals: Different collateral types, rates and collateral ratios are suitable for multiple risk profiles. 
  • Oracle security module: borrowers are protected from flash crashes by having prices update only once per hour.
  • Flexible repayment schedules: There are no repayment schedules, no minimum payments, and no credit history requirements. Users can repay at their own pace as long as their Vault is properly collateralized

The process of opening a Vault is easy, you can check our tutorial here.


Oasis Borrow is completely free of charge. We are committed to supporting the Maker protocol and all standard Vaults functionalities are and will continue to be free. Users need to have ETH to pay for gas costs, which are part of the Ethereum Network. The Maker protocol charges a stability fee to all Vaults; this fee goes to the Maker protocol, not to Oasis.app and should always be taken into account when borrowing Dai.  


Users need to be properly collateralized to avoid liquidations. Liquidations are the forceful sell of collateral to cover the borrowed Dai and carry a 13% penalty. You can learn more about liquidations and how to assess your Vault risk following the links. 

Oasis.app UX and UI provide you with all the needed info and tools to feel safe when you decide to open and manage a Vault. Try it now