Intro To MetaFire Protocol
  • Welcome to MetaFire
  • Roadmap
  • How to use
    • Supplying & Earning
    • Withdraw
    • Borrow
    • Buy Now Pay Later
    • Repay
  • Interest Rate Model
Powered by GitBook
On this page
  • How do I supply?
  • How much will I earn?
  • Is there a minimum or maximum amount to supply?
  1. How to use

Supplying & Earning

PreviousRoadmapNextWithdraw

Last updated 1 year ago

How do I supply?

Browse to Deposits section and you can see different assets classes and time periods to deposit into. Enter the amount you want to deposit and click the STAKE button.

* The first supply of one asset will require an additional approval transaction.

How much will I earn?

mTokens holders 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 utilization rate. The higher the utilization of a reserve the higher the yield for suppliers.

Is there a minimum or maximum amount to supply?

You can supply any amount you want, there is no minimum or maximum limit. Still, it's important to take into account that for really low amounts it is possible that the transaction cost of the process is higher than the expected earnings. It is recommended that you consider this when supplying very low amounts.

https://app.metafire.financial/deposit