Supplying and Earning

How do I supply?

Navigate to the "Assets to the supply" section and click on "Supply" for the asset you want to deposit. Select the amount you want to supply and submit your transaction by approving it in your Cardano browser wallet. Once the transaction is confirmed, your supplied liquidity is successfully deposited and you begin earning interest. *Be sure to set your browser wallet's collateral.

How much will I earn?

qTokens holders perpetually earn interest based on variable borrow rates (which are continuously updated based on supply and demand conditions per market).

Suppliers earn interest paid by borrowers corresponding to the average borrow rate multiplied by the utilization rate. A higher utilization rate for a market equates to higher interest earned by suppliers (and paid by borrowers).

Each supported asset on the protocol has an individual market of supply and demand with its own APY (Annual Percentage Yield) which continuously updates every few minutes (based on the amount of liquidity supplied compared to borrowed).

Is there a minimum or maximum amount to supply?

There is no minimum or maximum limit, you may supply any amount you want.

Can I borrow at a fixed rate?

No, the Liqwid protocol only supports borrowing with variable interest rates driven by supply and demand in each market. As interest rates are calculated per market you can have different borrow rates for each asset.

How do I withdraw my assets?

To withdraw navigate to the “Your supplies” section and click on “Withdraw”. Select the amount you want to withdraw and submit your transaction by approving it in your Cardano browser wallet. You can also use your qTokens as liquidity without withdrawing by locking it as collateral to borrow assets from the protocol.

You will need to confirm there is sufficient liquidity (not borrowed) to complete your withdraw transaction, if there is not you would need to wait for more liquidity from supplier deposits or borrower loan repayments.

Can I opt-out my assets from being used as a collateral?

No, although you can specify which of your supplied assets are used as collateral in the "Collateral distribution" section of the "Borrow" modal.

You can withdraw your supplied assets without opting out of using them as collateral, provided those assets are not actively being used to borrow and the withdrawal would trigger a liquidation event on your loan position by reducing your Health factor beneath 1.