Provide collateral on one chain and borrow on another

User has a crypto asset on chain A and wants to borrow against it. But they want the borrowed amount on chain B where they had found a lucrative farming opportunity. In the general case, they can do this by borrowing on chain A and bridging to chain B or first bridging the collateral to chain B and then borrowing there. Either way, they need to choose a lending provider and a bridge, switching back and forth between different applications and manually tracking the status of the transactions.

They can now achieve the same result in a simple operation, from a single interface, by using Fuji’s V2 Himalaya which abstracts away all that complexity. Furthermore, managing the position can happen seamlessly, and the user will benefit from the automatically optimized interest rates (see below).