Set Collateral

If the App asks you to set collateral, it means that you need to have at least 5 ADA on a separate UTxO to transact within the app. That is how some Cardano smart contracts work.

The following guides will help you:

Eternl Wallet
  1. Open your wallet and click on "Wallet Settings"

  1. Unfold the "Collateral" dropdown

  1. Click on the "Set Collateral" button and sign the transaction

Nami Wallet
  1. Open the Nami extension and click on the avatar at the top right corner

  1. Click the "Collateral" button

  1. Sign the transaction

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