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How to - Lending and Borrowing

This section contains helpful infographics on how to navigate our lending network.
Lending and borrowing guide
Supplying assets
  1. 1.
    Go to markets and select and asset under Supply markets
  2. 2.
    Approve the asset selected.
  3. 3.
    Input the quantity of tokens to supply.
  4. 4.
    Shows teh total APY to supply this asset.
  5. 5.
    Toggle this to enable asset to be used as collateral for borrowing.
Borrowing assets
  1. 1.
    Go to markets and select an asset under Borrow markets.
  2. 2.
    Input the quantity of tokens to borrow.
  3. 3.
    Click to borrow the max 75% of a collateral provided.
  4. 4.
    Shows the total APY for borrowing this asset.
  5. 5.
    Shows the total borrow limit used up after borrowing max percentage.
Withdrawing assets
  1. 1.
    Skip to step 4 if you did not borrow any asset.
  2. 2.
    Go to markets and select an asset under Borrow markets to repay.
  3. 3.
    Input the quantity of tokens to repay.
  4. 4.
    Go to markets and select an asset under Supply markets to withdraw.
  5. 5.
    Input the quantity of tokens to withdraw.
​
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Please take notice that Lending and Borrowing function of SpiritSwap is a product of Ola Finance Any inquiries should be redirected to Ola Finance site and team, user's preference is advised.
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Last modified 1yr ago