Fluid collateral & loans: How to Use Bitpont
A practical Fluid credit walkthrough: choose the network, review amounts, manage the position and recover pending activity.
On this page
Ethereum
Ordinary type-1 ERC20 collateral and debt; smart collateral, smart debt and native-ETH loans are excluded.
Open Fluid credit →Browse markets →- 01
Choose an ordinary vault
Check the collateral and debt pair. Only supported type-1 ERC20 vaults can be managed.
- 02
Select the position
Create a new position or select the exact owned position NFT.
- 03
Set collateral and debt
Review both asset units and liquidation limits before opening or changing the loan.
- 04
Repay and close
Refresh debt and approve the capped repayment. A cap below accrued debt can fail.
Read the units before entering an amount
Collateral and debt have separate token units. Position NFT IDs identify ownership, not token amounts.
Check the result
Use the same wallet and NFT. Verify remaining debt and collateral after a close before starting another loan.
Troubleshooting
- The market or quote is unavailable
- Refresh the current state. Confirm the network and exact contract. A saved reference is not proof of live liquidity or provider availability.
- Approval succeeded but the action did not
- Approval only sets a spending permission. Return to the action form for a fresh review, then verify the separate execution transaction.
- I closed the wallet or changed devices
- Reconnect the same owning wallet and network. Inspect Activity & recovery or import the supported transaction or order identifier before repeating a submission.