Providing Liquidity

How to provide liquidity:

• Connect your supported wallet to the app.

• Ensure you’re connected to the correct network and have sufficient gas tokens in your wallet

• Prepare the amount of assets you would like to lend

• Select the pool of the borrower you want to lend to

• Enter the amount of assets that you would like to lend and click Deposit

• Approve the transaction allowing the Clearpool protocol to spend the asset in your wallet interface

• Approve the final transaction in your wallet interface

Once the transaction is confirmed, you will receive cpTokens specific to this pool. The cpTokens appear as cpXXX-XXXX in your wallet and will compound interest based on the pool's specific rate. (see cpTokens for more information).