Lend Token
Follow this guide earn rewards by lend your idle tokens to borrowers
Nusa V2 facilitates you to earn rewards by lending your tokens to borrowers or using them as collateral to access liquidity without selling. With competitive rates, flexible terms, and a user-friendly interface, Lending on Nusa makes DeFi finance accessible to everyone.
Follow this tutorial to lend your token and earn rewards.
Step-by-Step Guide:
Visit the Nusa Official Website and click Launch App
Click the Connect button to connect your wallet.
Hover the Trade menu and click Lend/Borrow
Choose which token you'd like to deposit and then click the Supply button
Input how many tokens you'd like to deposit. You can click the Max button to supply all of your available tokens.
If this is your first time supplying tokens, you need to give Nusa's smart contract approval by clicking the "Approve" button. Then, sign the transaction in your wallet to proceed.
Once the approval succeeds, you can now click the Supply button to initiate the process. Sign the transaction in your wallet and wait until the transaction is successful.
Congratulations, you've made your first supply on Nusa Lending platform. Your token is now earning the rewards. Your cToken will increase automatically.
[Optional] If you'd like to withdraw your deposit, you can enable the collateral factor first, and then click the Supply button again. After that, move to the Withdraw tab.
Input how many tokens you'd like to withdraw. You can click the Max button to withdraw maximum token. Keep in mind that withdrawing all of your supply can not be done if you have an outstanding loan.
Now, click the Withdraw button to initiate the withdrawal process. Sign the transaction in your wallet and wait until the transaction is successful.
Congratulations, you've successfully withdrawn your principal and rewards from your lending. Your token should arrive in your wallet shortly.
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