---
title: Quick Start
description: A quick explainer of how to borrow EURO3
section: 3A Protocol
order: 102
---

<!-- archive-notice -->
> **Archived.** The 3A lending protocol and EURO3 on Linea and Polygon were phased out in 2024: no new loans from
> 1 October 2024, and all remaining vaults closed on 30 November 2024
> ([3A DAO's announcement](https://medium.com/@3aDAO/phasing-out-euro3-lending-f5869a3498a8)). This page is kept
> for reference and describes the protocol as it was. Do not send funds to the contracts it lists.

3A protocol allows users to deposit whitelisted tokens into a 3A Vault and borrow EURO3 at no recurring interest. Follow those steps to navigate the 3A app:

1. Go to[ app.3adao.org/vaults](http://app.3adao.org/vaults)
2. Click on “Create a Vault”

![The Vaults page of the 3A app with the Create new Vault button](/img/3a-protocol/quick-start/screenshot-2024-04-11-at-12-02-32-pm.png)

3. Select your desired collateral by clicking on the “Collateral” bar

![The Create new Vault form with the Collateral dropdown, Deposit and Borrow fields](/img/3a-protocol/quick-start/screenshot-2024-04-11-at-12-05-48-pm.png)

4. Enter the amount of tokens you want to use as collateral in the “Deposit” section
5. Enter the amount of EURO3 in the “Borrow” section.

Keep an eye on the Health Factor at the bottom of the screen. Lower number means higher risk; higher number means lower risk. The Health Factor is calculated real time and is color coded for your simplicity.

![The Create new Vault form filled in, showing the fee, the amount received and the Health Factor](/img/3a-protocol/quick-start/screenshot-2024-04-11-at-12-32-13-pm.png)

There is a 0.5% fee calculated in EURO3 that gets charged at issuance. After that there is no interest on borrowed funds

6. Approve transaction and mint EURO3