Your Supplies
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Assets to Supply
Select the asset to supply.
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Your Borrows
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Assets to Borrow
You must supply assets to make borrow transactions.
Understanding Decentralized Lending
How the lending arkets work around here
Our protocol provides a decentralized lending market where users can supply assets to earn interest or borrow assets by providing collateral. The lending markets are governed by smart contracts that automate the lending and borrowing processes, ensuring transparency, security, and efficiency.
The Mechanism of Supplying and Borrowing
When you supply assets to the lending market, you are essentially lending your assets to other users who want to borrow them. In return, you earn interest on the supplied assets. On the other hand, when you borrow assets from the lending market, you provide collateral in the form of other assets. The borrowed assets can be used for trading, investing, or other purposes.
- You supply assets to the lending market.
- Other users borrow your supplied assets and pay interest.
- You earn interest on the supplied assets.
Using the Lending Markets
Once you have supplied or borrowed assets, you can use them in various ways:
- Earn interest on supplied assets by lending them to other users.
- Borrow assets to trade, invest, or use in other DeFi protocols.
- Repay borrowed assets to unlock your collateral and close the loan.
The decentralized lending markets provide a flexible and efficient way to manage your assets, earn passive income, and access liquidity for trading and investing.