2. Lending

How do I deposit my ACC Token?

Click the "Deposit" button then select the amount of ACC you'd like to deposit and submit your transaction*. Once the transaction is confirmed, your deposit is successfully registered and you begin earning interest. Depositing grants the user cTokens, these represent the deposited funds.

* The first deposit of one asset will require an additional approval transaction

How do I deposit My USDC

Click the "Deposit" button then select the amount of USDC you'd like to deposit and submit your transaction*. Once the transaction is confirmed, your deposit is successfully registered, and you begin earning interest. Depositing grants the user cTokens, these represent the deposited funds.

* The first deposit of one asset will require an additional approval transaction

How much will I earn?

cTokens holders collect continuous return which vary with market condition. The primary factors impacting on the return rate include.

· The interest rate payment on borrowing - depositors share the interests paid by borrowers corresponding to the average borrow rate times the utilisation rate. The higher the utilisation of a reserve the higher the yield for depositors.

· Each asset has its own market of supply and demand with its own APY (Annual Percentage Yield) which evolves with time. You can find the average annual rate over the past 30 days to evaluate the rate evolution.

Is there a minimum or maximum amount to deposit?

You can deposit any amount you want, there is no minimum or maximum limit. Note that ACC deposits must be in whole integers as they cannot be fractionalised at present.

How do I withdraw?

To withdraw you need to go to the "Dashboard" section and click on “Withdraw” for your desired asset. Select the amount to withdraw and submit the transaction. Bear in mind, you can use your “cTokens" as liquidity without needing withdraw.

You would need to make sure there is enough liquidity (not borrowed) in order to withdraw, if this is not the case you would need to wait for more liquidity from depositors or borrowers repaying.

Can I opt-out my asset from being used as a collateral?

Yes. After depositing your assets, you are able to unselect the asset so that it will not be used as collateral. The opt-out is available in the "Deposit" section within your dashboard. Simply switch the "use as collateral" button on the asset you would prefer to opt-out from being used as a collateral.

* You can withdraw your assets without opting out of using them as collateral, as long as those funds are not actively being used to borrow and the withdrawal would cause a liquidation on your loans.