By depositing stablecoins (like USDC) into a pool, you can earn a return on your investment. As a liquidity provider, you’re helping to fund secured loans to borrowers while earning rewards.
How to supply liquidity into the pool
Step 1: Connect your wallet to the platform.
Step 2: Navigate to the pool of your choice and select 'Supply'.
Step 3: Input the amount you'd like to supply and confirm the transaction in your wallet.
Step 4: You can track your rewards by visiting the pool’s page or your 'Supplied' tab.
When can I collect my rewards and capital?
After the pool matures, you can collect your funds and rewards if all loans are repaid. If liquidation is needed, your funds will be available after the liquidation process is completed.
How are my rewards calculated?
Your rewards are based on three factors:
Duration: How long your funds are in the pool.
Interest Rate: The APY of the pool.
Utilisation Ratio: How much of the pool’s capital is being used by borrowers.
The longer your funds are in the pool and the more of the pool is used for loans, the higher your rewards. You can track your rewards on your dashboard.