Supply & Earn
Supply your Cardano native token holdings on Liqwid and instantly begin earning yield!
Last updated
Supply your Cardano native token holdings on Liqwid and instantly begin earning yield!
Last updated
Navigate to the "Supply" section and click on "Supply" for the asset you want to deposit. Enter the amount you would like to supply and click on "Supply" to submit your transaction. You begin earning interest as soon as your supply transaction successfully lands onchain.
The assets users supply into Liqwid markets are represented as qTokens. Supplier's qTokens function as a “receipt” token to indicate that the owner of the qTokens is entitled to withdraw a value-equivalent amount of underlying assets from the market plus accrued interest in that market since their initial deposit. Liqwid qTokens are the lending protocol equivalent to DEX LP tokens users mint when providing liquidity in a pool on an AMM DEX.
Suppliers (qToken holders) earn interest perpetually based on variable borrow rates, which are updated continuously according to supply and demand conditions in the market. Currently ADA suppliers are earning 3.5% APY and USDC suppliers are earning 12.8% APY.
Higher utilization rates in a market result in higher interest earned by suppliers and paid by borrowers.
Each supported asset on the protocol has an individual market with its own Annual Percentage Yield (APY), which updates every few minutes based on the liquidity supplied and borrowed.
There is a minimum amount set for each market and displayed in the supply modal for each asset.
Supply caps were introduced as a risk control feature in Liqwid v2. As a result if a market has a supply cap level applied you may supply any amount up that cap which is displayed for each market on the market's details page.
No, the Liqwid protocol only supports borrowing with variable interest rates based on supply and demand in each market.