How To Lend

🕯Deposit/Lend

[Deposit your desired asset to earn interest fee and Meow reward]

⚙️Firstly, clicking on 'Lend' page and click 'Deposit'

⚙️Clicking 'Approve' and enter the amount of asset you wish to deposit in order to receive ibToken

⚙️You can see your received ibToken amount in ibToken tab. Clicking 'Convert' button and confirm your transaction.

The APY profit will be depended on Utilization Rate. You will get higher APY if the Utilization Rate increase.

[withdraw to get assets back]

⚙️Clicking 'Withdraw' button

⚙️Clicking 'Approve' ️and put your ibToken you wish to withdraw into your capital asset

⚙️You'll see your amount of capital + profit. Clicking 'Convert' button and confirm your transaction.

You can stake ibToken to earn $MEOW reward on Stake-Lend page

How to stake ibToken👇

Last updated 2 years ago