# Lend & Borrow

This guide explains the process of depositing USDC on the BNB Chain as collateral and borrowing BtcUSD on the Bifrost Network.

{% stepper %}
{% step %}
Connect your wallet.

<figure><img src="https://2940930359-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCOfE3MB60TaU9qgGThzi%2Fuploads%2FOKHTby91BU5I7f5zc9qT%2Fimage.png?alt=media&#x26;token=d365b463-cc86-4038-987e-0c98ecde8aab" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}
Select the USDC to deposit as collateral.

<figure><img src="https://2940930359-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCOfE3MB60TaU9qgGThzi%2Fuploads%2F9Phi9PHOfbtBCNvq2Xti%2Fimage.png?alt=media&#x26;token=85259ca6-d382-4199-9f52-556cd4eaeac4" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}
Choose the network to deposit.

<figure><img src="https://2940930359-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCOfE3MB60TaU9qgGThzi%2Fuploads%2F70SqRfiK0LRNUmr2cHOv%2Fimage.png?alt=media&#x26;token=c9d9e8a0-6e5d-4fe2-93b5-6b2906a3be11" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}
Enter the amount of tokens to deposit and click Supply.

<figure><img src="https://2940930359-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCOfE3MB60TaU9qgGThzi%2Fuploads%2FFtEhjCfQ6VtaLFtKK6SF%2Fimage.png?alt=media&#x26;token=ba410f5c-ec86-4b9f-98e4-5a8953bce47f" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}
Confirm the transaction in your wallet. When the “Supply completed” message appears, click Close.

<figure><img src="https://2940930359-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCOfE3MB60TaU9qgGThzi%2Fuploads%2FLBkW4UypVXzuvLUu4o11%2Fimage.png?alt=media&#x26;token=6b9c842c-e4b9-4904-be8f-ed35a8055d7b" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}
Select the token you wish to borrow.

<figure><img src="https://2940930359-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCOfE3MB60TaU9qgGThzi%2Fuploads%2FFZh3MUflDQcB0pVLOrGD%2Fimage.png?alt=media&#x26;token=8b18655e-3065-4be2-8313-f13a8f77082e" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}
Choose the network from which to borrow the token.

<figure><img src="https://2940930359-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCOfE3MB60TaU9qgGThzi%2Fuploads%2Fg11yAke0z1IGEPPSqMlg%2Fimage.png?alt=media&#x26;token=6f107531-349a-482f-b97b-b27f5d27bf81" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}
Enter the amount of tokens to borrow and click Borrow.

<figure><img src="https://2940930359-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCOfE3MB60TaU9qgGThzi%2Fuploads%2FoA7pgg0TB3XhvCd4DO83%2Fimage.png?alt=media&#x26;token=ec40a28e-bc1f-4bbe-8635-869d821ccb76" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}
After confirming the transaction, the “Borrow completed” message indicates the process is complete.

<figure><img src="https://2940930359-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCOfE3MB60TaU9qgGThzi%2Fuploads%2FXGWbn8frMn9WPUesKmB8%2Fimage.png?alt=media&#x26;token=5de1a175-5d8a-4e75-b7c9-3c7d56e3632b" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}
Your deposited USDC and borrowed BtcUSD will be displayed as follows.

<figure><img src="https://2940930359-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCOfE3MB60TaU9qgGThzi%2Fuploads%2FDOj3DclUz9EhyyLAdDND%2Fimage%20(44).png?alt=media&#x26;token=4a2fe6f7-fe49-457f-bb9a-a111f07e0f67" alt=""><figcaption></figcaption></figure>
{% endstep %}
{% endstepper %}
