> For the complete documentation index, see [llms.txt](https://docs.ionprotocol.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ionprotocol.io/borrowing/how-to-borrow-on-ion.md).

# How To Borrow On Ion

## Creating a borrow position

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### 1. Select borrow

<figure><img src="/files/GtnLh5q6tGZ9VDbUa6Ih" alt=""><figcaption></figcaption></figure>

### 2. Select a market

<figure><img src="/files/YqBNDlBgbnSZv3ki6P7t" alt=""><figcaption></figcaption></figure>

### 3. Enter the deposit amount, the leverage multiplier, the max slippage. Then press the deposit button

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

## Managing a borrow position

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### 1. Select manage position

<figure><img src="/files/vr8RqXz00YDMsuEk3Kkw" alt=""><figcaption></figcaption></figure>

### Leveraging&#x20;

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#### 1. Select Leverage

<figure><img src="/files/ekepOo3SGFLM6dUfhvJS" alt=""><figcaption></figcaption></figure>

#### 2. Move the leverage multiplier up to the desired multiple, select the max slippage, and click the            deposit button

<figure><img src="/files/gD93ozFTwYspb8CFQp91" alt=""><figcaption></figcaption></figure>

### Deleveraging

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### 2. Select add/manage capital

<figure><img src="/files/BpMunv8qReoGrruEdtlv" alt=""><figcaption></figcaption></figure>

### Depositing additional collateral

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#### 1. Select deposit

<figure><img src="/files/u9Iurcd76MXfjwumxkmV" alt=""><figcaption></figcaption></figure>

#### 2. Enter the amount to deposit then click the deposit button

<figure><img src="/files/tfXH7f1Mv5FNoiy0FlNA" alt=""><figcaption></figcaption></figure>

### Repaying and Withdrawing

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#### 1. Select repay & withdraw

<figure><img src="/files/UUZTCkfJB8twMtdQ4D4c" alt=""><figcaption></figcaption></figure>

#### 2. Enter the amount to repay, the amount to withdraw, or both then press the repay & withdraw button

#### 3. To close the entire position press the close position button

<figure><img src="/files/40fzqueBrlHd66oGoKx4" alt=""><figcaption></figcaption></figure>
