LESSON 13: const amountDaiToBorrow = availableBorrowsETH.toString() * 0.95 * (1 / daiPrice.toNumber())

[buikhacnam]

Can anyone explain how we calculate the amountDaiToBorrow please? Especially the 1 / daiPrice.toNumber() part.

const amountDaiToBorrow = availableBorrowsETH.toString() * 0.95 * (1 / daiPrice.toNumber())

src code: https://github.com/PatrickAlphaC/hardhat-defi-fcc/blob/main/scripts/aaveBorrow.js

[krakxn]

Link does not work -- leads to a 406 error. Could you paste the relevant code here? Cheers

[alymurtazamemon]

@buikhacnam

availableBorrowsETH.toString()

This is an available borrow amount in ETH that we can borrow.

availableBorrowsETH.toString() * 0.95

here we are multiplying with 95% so we can only borrow 95 of the amount, if we do 100% the health factor of aave will hit and liquidate us.

(1 / daiPrice.toNumber())

Here we are dividing diaPrice by 1 to convert it to 1 DAI token.

And the whole line says, get the borrow amount and dia price to convert it to total DAI that we can borrow.

Hope it clears your query.

[buikhacnam]

thank you!