> For the complete documentation index, see [llms.txt](https://minerwar.gitbook.io/minerwar/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://minerwar.gitbook.io/minerwar/official-information/borrow-policy.md).

# Borrow Policy

## Eligibility

1. Ownership of a sufficient amount of token ETH to serve as collateral.
2. Adherence to all relevant regulatory requirements and platform-specific terms of use.

## Collateral & Borrow & Repayment

1. ETH is the only accepted collateral for borrowing GME.
2. The collateral loan ratio is set at 85%, meaning the amount of $GME can be borrowed which is 85% of the value of the collateral ETH. 
3. The maximum borrowing limit is determined based on the value of the provided token ETH collateral.
4. Users may not borrow an amount exceeding the established limit.
5. Collateral must be repaid in $GME. 
6. Users have the flexibility to repay the borrowed amount at any time.

## Liquidation

1. The collateralization ratio is between collateral assets and borrow assets.
2. If the collateralization ratio changes due to market fluctuations, leading to the value of the collateral assets being equal to or less than the value of the borrowed assets, the platform reserves the right to liquidate the collateral to cover the outstanding loan.
3. Borrowers are advised to carefully consider the risks associated with borrowing against their token ETH collateral, as market volatility can affect the value of both the borrowed token $GME and the collateral.
4. LTV stands for loan-to-value.