Collateral Swap
Earn more by swapping out of your lower APY position into a higher APY one.
Collateral Swap allows you to boost your earnings by swapping your current collateral into better-earning assets — all in a single click. As the borrower, you get to keep the same borrowing terms without needing extra capital.
Collateral Swap comes in handy when:
the supplied collateral's APY decreases, making the position unprofitable
you want to ape into newer assets that have extra rewards or higher APYs
there's an upcoming airdrop you want to farm — without hassle
Using Collateral Swap in 30 Seconds
1. Visit asgardfi.com/collateral-swap
2. Connect your Wallet
Asgard will show you all your active MarginFi and Kamino Main Market positions, along with recommended collateral assets to swap into and increase APYs.
3. Make the Swap
Click on any position you want to optimize
Browse available collateral options with their current yields
Click "Swap" next to your desired collateral and approve the transaction in your wallet
4. Start Earning More
Your collateral is instantly upgraded, and you immediately begin earning the higher yield rate. No waiting period, no interruption to your loan.
Collateral Swap Fees
A flat fee of 15 bps is charged for switching to a higher APY with collateral swap.
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