š§Liquidity Provider
Lending Out USD on Our Protocol: A Step-by-Step Tutorial
Introduction
In this tutorial, we will guide you through the process of lending out USDT on our P2P lending protocol. Our platform offers a user-friendly experience for both retail and institutional lenders, allowing you to earn competitive yields on your assets.
Steps
Create a Lending Pool: ā¢ Deposit USDT into your account on the platform. ā¢ Set parameters like APR, LTV ratio, supported collateral tokens, and expiry date.
Monitor Your Account: ā¢ View your lent assets, open orders, and counterparties on your account page. ā¢ Manage your loans and adjust parameters as needed.
Use cases:
Treasury Activation: ā¢ Transform idle assets into revenue-generating instruments.
Customizable Terms: ā¢ Set your own rates, durations, and collateral requirements.
Predictable Returns: ā¢ Know exactly when and how much you'll earn.
Potential Buyback Mechanism: ā¢ Defaults can serve as a token buyback strategy.
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