Supply

Supplying assets allows you to maximize the potential of your idle digital assets. By depositing your supported cryptocurrencies into Kinetic, you enable these assets to earn yield through a decentralized and secure platform. The assets you supply are made available to borrowers, who pay interest on their loans, thereby generating returns for you.

Kinetic ensures a seamless and efficient experience by operating on a robust, algorithmic framework that manages lending and borrowing activities. You retain the flexibility to withdraw your assets at any time, provided they are not currently used as collateral for an active loan. By participating in Kinetic, you can enhance your asset's productivity while contributing to the overall liquidity and stability of the ecosystem.

Deposit Assets

Depositing assets into the lending pool on Kinetic is a straightforward process designed for user convenience. To get started please follow these steps:

  1. Connect your wallet using one of the available wallet options from our selection. The connect wallet button is located at the top right section of your screen and on mobile it will be located in the drop-down menu.

  1. Select your preferred available asset from the list of approved suppliable assets and enter the amount of this asset that you would like to supply into the lending pool.

The assets listed in the drop-down are generic for testing and educational purposes., they do not reflect the specific markets that Kinetic will launch on mainnet.
  1. Enter a specific amount, use the slider to increase or decrease, or simply click the Max button to supply the full amount of that asset in your connected wallet.

  1. Click the "supply" button to deposit your assets. You will be prompted by your wallet to approve the transaction. It is important to note that even if you choose to supply an asset, it does not obligate you to borrow against it. You have the flexibility to collateralize it by toggling the button below the supplied asset, making it available for borrowing while keeping your options open.

Confirming supply of ETH into the lending pool
ETH has been supplied
  1. Upon depositing your assets, your wallet will receive kTokens that signify your supplied assets. These kTokens are initially valued at 0.020000 and will appreciate over time based on the accruing interest rate.

Withdrawals

  1. To withdraw your assets, navigate to the dashboard and underneath the My Assets section click on the Withdraw button for the selected asset.

In this example, the user would be able to withdraw our chosen amount of ETH.
  1. Choose the amount you wish to withdraw and submit the transaction.

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