Deposit

Once onboarding 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.

During a buffer period

Users should sign two transactions:

1

Spending approval

To allow Pareto’s smart contract to process users’ deposits

2

Deposit

To execute the lending action

Upon completion:

• The user’s wallet will reflect a reduction in the deposited stablecoin

• The user will receive Credit Vault LP tokens representing their position in the pool

While a lending cycle is running

Alternatively, users can use the Queue contract to schedule their deposit (deposit request) while a cycle is running. Users will queue a request of deposit, which will be processed at the first available buffer period.

The same Spending Approval and deposit flow applies

1

Spending approval

To allow Pareto’s smart contract to process users’ deposits

2

Request deposit

To execute the deposit request action

Upon completion:

• The user’s wallet will reflect a reduction in the deposited stablecoin

• The user will need to claim Credit Vault LP tokens representing their position in the pool after the new lending cycle starts