Depositing & Earning yield
How do I make a deposit?
You first select “Deposit” on the Pool Overview screen. Then you indicate the amount you wish to deposit in USDc. By default the Protocol will calculate the pro rata amount of each Asset in the Pool but you can select any combination of assets.
How do I lend out assets?
Even when your assets are lent out (and generating yield), you can use them as collateral to borrow other assets - whether borrowing to get liquidity (e.g. USDc) or to short an asset.
Lending out an asset means you are exchanging your asset today in exchange for an IOU to receive the asset tomorrow (or longer term, depending on the setting). The IOU is collateralised by the borrower’s assets in their respective pools in accordance with the same transparent rules and risk management set for everybody.
How much will I earn?
You select which assets to lend out, when you want them back and the yield you want to earn (market rate or limit order).
The protocol places the assets from your portfolio into the borrowing/lending orderbook with your desired parameters. You start earning yield as soon as your order has been matched.
Is there a minimum and maximum amount I can deposit?
There is no minimum or maximum amount.
How much can I lend?
You can lend to the extent that you have assets to lend. Lending assets does not affect the LTV of the Pool.
How do I withdraw?
You click on “Withdraw” on the Pool Overview screen. You then select the amount of each asset you wish to withdraw. You can choose to withdraw up to a maximum amount which is determined by the following formula:
Value of pool assets (USDc) - ( Value of liabilities (USDc) / Initial Loan-To-Value of the pool after withdrawal (%) ).
You may only withdraw all of your assets if you do not have any borrowed assets in your portfolio or outstanding loans.
Can I opt-out of having my asset being lent out?
When you want any of your lent assets back, just change the “Yield On/Off” parameter to recall the assets and you will get them back at the expiry of the existing lending contract.