Supply
Unlike more fragmented platforms, this clear focus on borrowing and lending SOL-backed assets simplifies the DeFi experience.
Last updated
Unlike more fragmented platforms, this clear focus on borrowing and lending SOL-backed assets simplifies the DeFi experience.
Last updated
Go to app.iloop.finance and click the Select Wallet button.
You can easily choose any one of the supported Solana wallets:
Enter your desired amount and click “Supply” to add your SOL to the asset pool.
Begin earning yield on your deposit.
Once supplied, your Position Details appear at the top of the Supply page.
Go to the "Dashboard" section and click on “Withdraw”.
Select the SOL amount to withdraw and submit the transaction.
You would need to make sure there is enough liquidity (not borrowed) to withdraw, if this is not the case you would need to wait for more liquidity from suppliers or borrowers repaying.
By supplying liquidity to specific markets on Lend, you can earn Liquidity rewards. The interest rates paid by borrowers are distributed as yield to aToken holders who have supplied liquidity to the protocol, with a portion of the yields allocated to the ecosystem reserve as defined by the reserve factor.
The interest payments on loans are shared among suppliers, based on the average borrow rate multiplied by the utilization rate. As the utilization of a reserve increases, the yield for suppliers also increases.
Formula: the Supply Rate equation:
Components:
St: Current supply interest rate
Ut: Current utilization rate
Bt Current borrow interest rate
Rt: Current Reserve Factor (Protocol take rate)
Lenders contribute their LST and other SOL-backed assets like bSOL to an isolated reserve pool. In return, they receive interest payments based on the market's borrow rates, which are determined by the supply and demand dynamics within that isolated reserve pool. This is in addition to maintaining their staking yield.
Supply APY indicates how much yield you will earn by depositing an asset
Streamlined Interface: The UI/UX design is minimalistic, making it easy for users to navigate without feeling overwhelmed. This clear focus on borrowing and lending SOL-backed assets, unlike more fragmented platforms, simplifies the DeFi experience.
Zero Execution Fees: iLoop charges no execution fees, aiming to attract users who prefer high-leverage options, unlike Kamino.
Enhanced Yield Curve: iLoop offers a higher supply interest rate on SOL (0.5%-0.9%) than other dapp at the same utilization rate.
Optimized Capital Efficiency: The protocol provides capital to the liquidity layer, enabling its effective use throughout the entire iLoop ecosystem.
