# Borrow Through the Borrow feature, you can initiate Borrow using your NFT as collateral. Select the NFT you want to use as collateral from your wallet and input the desired borrow amount and borrow fee rate to request Borrow. (\*NFTs not supported by NFTFi won't be visible as your owned NFTs when selecting collateral NFTs.) Once you enter the desired borrow amount and register the auction, it will be made public to potential lenders who wish to bid. Lenders participate in the auction and propose better conditions over time. At the end of the auction, the bidder who offers the highest amount will be chosen, allowing you to secure a larger borrow amount with a lower borrow fee rate. This leverage can provide the opportunity for a larger borrow amount at a lower borrow fee rate. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.wemix.com/nile-en/nftfi/borrow.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.