Lending & Liquidation – Managing Your Borrowing on Marginfi

This guide explains how lending, borrowing, and health factors work on Marginfi. It also covers key features like isolated vs. global pools and how liquidations function.

This error occurs due to stale oracles caused by network congestion on Solana.

• Stale oracles happen when price updates are delayed.

• To prevent price manipulation, Marginfi restricts certain actions when oracles are outdated.

If this error persists, try again later or check the Solana network status.

You can monitor your rewards and yields directly in the Marginfi app:

1. Log in to Marginfi and connect your wallet.

2. Go to Your Dashboard → Navigate to the Lending section.

3. Check Your Positions → See deposited amount, APY, and accrued rewards.

If you don’t see your rewards:

• Refresh the page or clear your browser’s cache.

• Ensure you're using the latest version of the app.

• Contact support if the issue persists.

You can borrow or lend as long as your health factor stays above 0%.

No, isolated assets cannot serve as collateral.

• Borrowing is only possible using tokens in the global pool.

• This is a safety feature to manage risk and ensure platform stability.

Health factors indicate how well-collateralized your account is:

• Positive health factor → Your account is safe.

• Negative health factor (<0%) → Your account is at risk of liquidation.

If your borrowed assets exceed your lent assets, you may be liquidated.

No. Lending and borrowing the same assets is not allowed because:

• It distorts supply and demand, creating a feedback loop.

• It can be manipulated to affect interest rates and fees.

Tokens in isolated pools cannot be used as collateral.

• Only tokens in the global pool are eligible for borrowing.

• This design ensures risk management and platform stability.

Tokens move to the main pool only when they meet all necessary safety requirements.

If you’re unsure about a specific token’s eligibility, check its status in the app or contact support.

This guide covers the most important aspects of lending, borrowing, and health factors on Marginfi. If you still have questions, don’t hesitate to reach out to support.