> For the complete documentation index, see [llms.txt](https://wiki.arcx.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.arcx.money/application/borrowing.md).

# Borrowing

ARCx Credit is a decentralized credit market on the Polygon network that offers dynamic maximum-LTV loans on ETH collateral based on a borrower’s [DeFi Credit Score](/application/defi-credit-score.md). 

This section covers:

1. [Managing a Position](/application/borrowing/managing-a-position.md)
2. [Vault Design](/application/borrowing/vault-design.md)
3. [Liquidations](/application/borrowing/liquidations.md)
4. [Fee Structure](/application/borrowing/fee-structure.md)
5. [Assets](/risk-and-infrastructure/assets.md)