How to Deposit
Provide liquidity to the market
Last updated
Provide liquidity to the market
Last updated
From the Markets page, select the asset you wish to deposit.
This will initiate the asset details screen, then click "Deposit."
Select the desired deposit amount and click continue to submit your transaction. Once the transaction is confirmed, your deposit is successfully registered.
The first deposit of an asset will require an additional one-time approval transaction.
All deposits are enabled as collateral by default. An opt-out option for each asset is available in the "Deposits" section on the Dashboard page. Simply toggle the "Collateral" button on the asset you prefer to withhold from use as collateral and confirm the transaction.
After depositing an asset, you can determine whether or not to utilize it as collateral. A collateralized asset will activate your borrowing power but will be made available to be partially liquidated should your balance become insolvent (see ). You can enable collateralization on the asset details page and the Dashboard (pictured below).