User may select and click on the asset for the supplying action through the mint function. Enter the wanted amount for mint and submit the transaction. Once the transaction is confirmed, the user will receive a quantity of dTokens equal to the underlying tokens supplied, divided by the current Exchange Rate. At the meanwhile, the protocol will automatically start accumulating interest according to the currentSupply Rate of the asset to obtain profit.
Earnings for Suppliers
Every supplier will receive a quantity of dTokens equal to the underlying tokens supplied, divided by the current Exchange Rate. dTokens holders will receive continuous earnings that evolve with market conditions based on:
The interest rate payment on loans - suppliers share the interests paid by borrowers corresponding to the average borrow rate times the utilisation rate. The higher the utilisation of a reserve the higher the yield for suppliers.
Each asset has its own market of supply and demand with its own APY (Annual Percentage Yield) which evolves with time. Users can find the APR (Average Annual Rate) over the past 30 days to evaluate the rate evolution, and users can also find more data on the reserve overview of each asset in the home section on Dank.
Limitation of Supplying
There is no minimum or maximum limitation for supply. However, there will be a chance that the transaction cost of the interaction is higher than the expected earnings while users want to sppuly with a very low amount. It is recommended that users should consider this when supplying with a very low amount.
In order to withdraw the supplied asset, user need to click on the wanted asset to withdraw on the "Supply Market" section and switch to "Withdraw". Then, enter the amount for withdrawing and submit the transaction.
Self-selection of Collateral
Users are able to self-select its assets whether to be a collateral or not. After user supply their assets into the protocol, they are able to unselect the asset so that it will not be used as collateral. The self-selection button of collateral is available in the "Supply Market" section within the dashboard. Simply switch the "Collateral" button on the asset you would prefer to be used as a collateral or not.