How to Lend

Now that you're connected to the dApp, here's how you can do a lending transaction.

  1. Select the pool you want to lend into from the markets page. Click on the desired pool.

  2. Click on the 'Lend' button upon expanding the desired pool.

  1. You will be redirected to the pool-specific lend page.

  2. Be sure to understand the significance of each parameter, you can read more on the following page: How it Works.

  1. Enter the amount you want to lend. The APR and CDP will be automatically updated based on the entered amount.

  2. Click 'Approve [Token]' and sign the token approval transaction.

  1. Now that it's approved, click on the 'Lend [Token]' button.

  1. Your lend position will appear on the bottom section of the screen.

  1. Clicking on it will redirect you to the lending position page, where you can see more details, close your positions early and claim after maturity.

  2. To close a position, click on 'Close', which will show a pop-up modal.

  1. Click 'Approve to claim' to close your positions, this will request for an NFT approval (since Timeswap positions are represented by an ERC-1155).

  1. Once approved, the amount to claim will be shown. Removing mid-maturity may not result in the full principal and interest (read the deep dive section for more details).

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