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).

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