π«΄Supplying Assets
Lenders contribute asset tokens to the lending pool and receive a claim to a corresponding portion of the pool's assets. Accounting for a userβs lending and borrowing balances is handled within the smart contract.
At any time, lenders can redeem their claim for the original asset tokens, with the amount determined by the current market rate. The value of a lender's claim increases as interest accumulates in the pool, mirroring the growth in the pool's total assets. This system ensures that lenders see a balance that reflects the accruing interest.
Supply APR indicates how much yield will be earned by depositing an asset
Last updated