Depositing

How do I deposit?

Head to the "Deposit" section and click on "Deposit" for the asset you want to use. Enter the amount you'd like to deposit and submit your transaction. Once the transaction is complete; your deposit is successfully registered and you begin earning interest.

How much will I earn?

vNova holders receive continuous earnings that evolve with market conditions based on:

• The interest rate payment on loans - depositors share the interests paid by borrowers corresponding to the average borrow rate times the utilization rate. The higher the utilization of a reserve the higher the yield for depositors.

• Flash Loan fees - depositors receive a share of the Flash Loan fees corresponding to .09% of the Flash Loan volume.

Each asset has its own market of supply and demand which means each asset will have its own APY that will fluctuate.

Is there a minimum or maximum amount to deposit?

There is no minimum and no maximum to the amount you can deposit.

How do I withdraw?

To withdraw head to the "Deposit" section in the dashboard and click on “Withdraw”. Select the amount to withdraw and submit the transaction. You can also use your “vNova" as liquidity without withdrawing.

Can I opt-out my asset from being used as a collateral?

Yes. After depositing your assets, you are able to unselect the asset so that it will not be used as collateral. The opt-out is available in the "Deposit" section within the dashboard. Simply switch the "use as collateral" button on the asset you would prefer to opt-out from being used as a collateral.