🏦Borrow & Repay
Last updated
Last updated
The borrowing feature offers a unique opportunity for users to leverage their Injective (INJ) holdings as collateral to acquire nGOLD tokens.
The borrowing system allows users to use their Injective (INJ) holdings as collateral. This means that users can temporarily lock in a portion of their INJ assets to access nGOLD tokens to play the game.
Once the INJ collateral is successfully deposited, users receive a corresponding amount of nGOLD tokens in return. These tokens can be used within the Ninza.xyz game.
To retrieve the collateralized INJ , users are required to repay the borrowed nGOLD tokens. This process essentially functions as a means of repayment. By using nGOLD tokens, users can reclaim their original collateral at any time and with 0% interest.