Lender
We take Steady Teddys/WBERA pool as example
Step 1: Deposit WBERA
Supply WBERA to the Steady Teddys / WBERA pool and receive iWBERA-TEDDYS tokens, which represent your share in the pool.
Step 2: Earn Interest
Your earnings are reflected in the exchange rate between iWBERA-TEDDYS and WBERA. The interest rate is dynamic, based on pool utilization—higher utilization = higher interest for lenders.
Step 3: Withdraw Anytime (if liquidity allows)
You can supply more or withdraw at any time, as long as there’s enough liquidity in the pool. Note: If too much has been borrowed, full withdrawal might not be immediately possible.
Step 4: Claim $PADD Rewards
Once the claim function is live post-TGE, you’ll be able to claim your earned $PADD rewards directly.
Last updated