# Token w/ No Oracle

If the collateral token you are accepting **does not have an Oracle,** the **"Undercollateralized Borrowing" toggle defaults to the ON position.**&#x20;

&#x20;You will not be able to deploy the pool without it being toggled on.&#x20;

{% hint style="danger" %}
It is important you monitor your pool if you choose this option. **You can pause borrowing at anytime if the collateral token's price is at an undesirable price level.**&#x20;

This will help protect you and stop people from borrowing when the collateral tokens price is less than the mint ratio.&#x20;

If you do not pause borrowing people will be able to deposit collateral and get more lend token than the collateral value!
{% endhint %}

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