# Borrowing

<figure><img src="/files/CZbobibJGvXm6yCpghcj" alt=""><figcaption><p><strong>If you have questions, trouble, suggestions etc. at any time, then we’ll be directly available in Discord to help you out:</strong> <a href="www.discord.gg/pineprotocol"><strong>https://discord.gg/pineprotocol</strong></a></p></figcaption></figure>

**⚠️ Always ensure that you’re on the right domains ⚠**\
\- pine.loans\
\- app.pine.loans

*We advise to bookmark the URLs to prevent going into possible phishing websites that are using similar names* 📗

**💵 Receive ETH using your NFT**

👉 Head over to <https://pine.loans/> and select “Launch App”

<figure><img src="/files/MVtZW8ZaItxRn4W457Q7" alt=""><figcaption><p>or proceed directly to <a href="https://app.pine.loans/borrowing/nfts">https://app.pine.loans/borrowing/nfts</a></p></figcaption></figure>

👉 Head over to “Borrowing”&#x20;

<figure><img src="/files/ZAJcHgFEMn45jVxDNZi3" alt=""><figcaption></figcaption></figure>

👍 Select “Get Started”

<figure><img src="/files/AEsHcErVLWMAlfXGXsKq" alt=""><figcaption></figcaption></figure>

👀 You should now be presented with all NFT’s / SFTs in your collection under that specific wallet. Be sure to select the corresponding supported chain!

<figure><img src="/files/z9B8OIY92Ck6rAqYXWRN" alt=""><figcaption></figcaption></figure>

☝️ Alternatively, you can use our brand-new Add to Cart feature by visiting a specific collection which you own the NFT / SFT of.

Simply head over to that collection in the main Pool overview page (for example WonderPals):

<figure><img src="/files/XHk4DX7ttmDHXJl9j8xk" alt=""><figcaption></figcaption></figure>

👉 Now select the NFTs tab

<figure><img src="/files/hD9nBv55CmXUbIAYb6Ih" alt=""><figcaption></figcaption></figure>

✅ Select the NFTs of your preference and proceed with the "Add to cart" button:

<figure><img src="/files/ioFDzTXW6jN9Lnhjto0t" alt=""><figcaption></figcaption></figure>

👀 You should now notice a number being added to the Cart button at the top-right of the screen:

<figure><img src="/files/QvOqYxcpwNMnYG95wM0B" alt=""><figcaption></figcaption></figure>

✅ Once opened the Cart will display all the NFTs you have added to your Cart:

<figure><img src="/files/NuKXEdoRYrw6lUBYRdSK" alt=""><figcaption></figcaption></figure>

👉 When you're ready to see the Borrowing details, select the Go to summary button:

<figure><img src="/files/lnrdN0WtFb0tItwELlR7" alt=""><figcaption></figcaption></figure>

👀 Here you will be presented with all the NFTs that have been selected in the previous Borrowing page:

<figure><img src="/files/EalUu374Mc26LYIXyZvE" alt=""><figcaption></figcaption></figure>

👉 By selecting an NFT you can browse through different terms (pools) that better meet your criteria and allow you to set a specific loan amount:

<figure><img src="/files/EEIrT7KOCHhI8zMUiTTm" alt=""><figcaption></figcaption></figure>

👍 You will now be presented with the Valuation screen for that specific NFT:

<figure><img src="/files/IB5SuRKlnA5YJsnxDZqZ" alt=""><figcaption></figcaption></figure>

\
✅ By default the most favorable pool is selected for you to borrow against. However always explore multiple pool options to see if one exists that better meets your criteria:

<figure><img src="/files/MCnGxVzWHkN5OTkQwSLt" alt=""><figcaption></figcaption></figure>

👉 After having selected a pool we can proceed to set the amount you want to borrow by moving the slider or selecting “Set Max”

<figure><img src="/files/Dn61WtADhl1umaERtcHN" alt=""><figcaption></figcaption></figure>

👍 When you want to proceed ensure you approve the collection first if not done so yet:

<figure><img src="/files/LyL6zEKrWro9FVA0ZdlW" alt=""><figcaption><p><strong>🦊 Approve the transaction when prompted</strong></p></figcaption></figure>

👀 You should see a pop-up that your transaction is processing on the blockchain

⏲️ And simply wait for it to be completed

<figure><img src="/files/734XYcDUeAwGnMl0J0jn" alt=""><figcaption><p><em><strong>(you may receive a “Valuation Expired” message if the previous “Approve Collection” transaction took a long time to process. Simply refresh the page and try again)</strong></em></p></figcaption></figure>

👉 Do this for every NFT listed and once you're ready to go simply proceed by selecting "Borrow".

<figure><img src="/files/CqJfBDCI2W6IyAurhrpy" alt=""><figcaption><p><strong>🦊 Approve the transaction when prompted</strong></p></figcaption></figure>

🎉 Congratulations! You should now have received the native's chain currency in your wallet!

<figure><img src="/files/BoEz7wmKqDMxlhHz33Ri" alt=""><figcaption></figcaption></figure>

👉 You can review your Open Loans at any time by proceeding to “Open Loans” or continue directly to <https://app.pine.loans/borrowing/open>

<figure><img src="/files/78kXgCujrWuOOlHpaUGa" alt=""><figcaption></figcaption></figure>

👉 You can review and Repay your Open Loan at any time:

<figure><img src="/files/Z42UWCWCqvEF0oLvmzeD" alt=""><figcaption></figcaption></figure>

👉 You can also choose to extend your loan by selecting “Extend Loan”.

<figure><img src="/files/e3u1gDEVGAodJJ6Cqqha" alt=""><figcaption></figcaption></figure>

👉 Here you will be presented with several options. Similar to selecting a pool when initially opening a loan, you can also browse multiple pools here and select one with conditions according to your criteria.

<figure><img src="/files/8C6Doj3GEBjrmVcpiPuI" alt=""><figcaption></figcaption></figure>

👉 Now select the New Borrow Amount and select Extend to execute.

<figure><img src="/files/d8IiOs4CgykJVKLut5FU" alt=""><figcaption></figcaption></figure>

✅ And that’s it! Once you pay off your loan, the NFT will be under your full ownership again.

❓ Be sure to check out our [**Borrowing FAQs**](/faqs/borrowing.md) page for more information or if you have any questions regarding our Borrowing feature.


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```
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