How to deposit your assets on Leveraged Yield Farming pools
Last updated
Last updated
1. Go to the [Leveraged Yield Farm] page in the [Deposit] menu at the top.
2. Select a pool you prefer and click the [Deposit] button to move to the pool detail page.
3. Enter the deposit amount.
4. To invest more with additional borrowing, users can adjust the leverage multiplier to choose the size of borrowing in dollar value. Additional assets will be deposited by the size of (value in dollars of deposited assets) * (selected plus multiplier -1).
*The maximum leverage multiplier that can be set are different for each pool. For more details, refer to the link below.
5. Choose whether to borrow both assets or only one asset.
6. In “Estimated Returns”, check the expected information for Leveraged yield farming. Liquidation is performed when “Debt ratio” exceeds the maximum % (85% - 92%, varies by farming pool). Therefore, be sure to check the “Debt ratio” first and click the [Deposit] button.
*Debt ratio is different for each pool. For more details, refer to the link below.
All information displayed is a real-time estimate, and may differ from the actual deposit. Therefore, be sure to check the “Debt ratio” before you make the deposit.
7. Confirm “Check deposit details” for information about future leveraged yield farming. Check the [I understand the risks associated, and agree to use the service.] checkbox and click the [Next] button.
8. In the “Confirm Transaction” pop-up window, check the expected information about leveraged farming, and click the [Deposit] button. Once you confirm the information, click the [Confirm] button in your wallet.
9. After requesting a transaction and completing the deposit, you can check the status of leveraged yield farming in "Asset deposited" section at the top. Rewards will be distributed in real-time after the deposit is completed.