Deposit
Last updated
Last updated
Once is completed, users can proceed to deposit into the selected Credit Vault.
Users can deposit during the cycle buffer period, i.e., the 6 to 24 hours between the end of the previous lending cycle and the start of the new one. Alternatively, users can use the Queue contract to schedule their deposit while a cycle is running.
Users should sign two transactions:
Upon completion:
The user’s wallet will reflect a reduction in the deposited stablecoin
The user will receive representing his position in the pool
Alternatively, users can use the Queue contract to schedule their deposit while a cycle is running. Users will queue a deposit request, which will be processed by the pool curator at the first available buffer period.
The same Spending Approval and deposit flow applies
Upon completion of steps 1, and 2:
The user’s wallet will reflect a reduction in the deposited stablecoin
The user will need to claim his representing his position in the pool after the new lending cycle starts
