Guides: Lending Protocol

as of 17/06/2023

Please follow these simple instructions if you need help using the Hatom Lending Protocol:

Supply an asset

To supply an asset, you must click the "Connect Wallet" button and select the wallet you want to use.

Once connected, select your desired asset, specify the amount you want to deposit, and click on the "Supply" button.

Wait for the transaction to confirm, and you are done!

Activate as collateral

Once you have deposited an asset, you can activate it as collateral. The process is simple, click on the "Collateral" section, click on "Add", and select the amount you want to add as collateral.

You can see that your borrow limit has increased.

Borrow an asset

Once you have supplied an asset and activated it as collateral, you can borrow an asset.

Select your desired coin, specify the amount you want to borrow, and click on the "Borrow" button.

Wait for the transaction to confirm, and you are done!

Repay a borrow

Select your borrowed asset, enter the amount you would like to repay, and click on the "Repay" button.

Remove collateral

The process is simple, click on the "Collateral" section, click on "Remove", and select the amount you want to remove from being used as collateral.

Once the transaction has been confirmed, you can see that your "Borrow Limit" has decreased.

Withdraw your asset

Once you have repaid your asset, you can withdraw the asset you have supplied by selecting it, specifying the amount you want to withdraw, and selecting the "Withdraw" button.

Wait for the transaction to confirm, and you are done!