How to Deposit

Provide liquidity to the market

From the Markets page, select the asset you wish to deposit.

Important note: Under the Deposit APY column are two numbers. The first is "Base Market Rate", the second is "Radiant Emissions" - which is only activated for those who supply Dynamic Liquidity.

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.

Note that if you don’t have dLP locked to meet the eligibility criteria for RDNT emissions, the protocol will prompt you with the option to borrow ETH against your deposit. This will automatically create the dLP position and lock it for the default length.

The first deposit of an asset will require an additional one-time approval transaction.

Collateral

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 Liquidation).

You can enable collateralization on the asset details page and the Dashboard.

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.