How to Earn with Yield
1 Create borrow request
Choose the asset and amount you want to borrow, interest rate, duration, and your collateral.
2 Wait to be funded
Once your request is created, wait for a lender to fund it. You can monitor its status from your Profile page.
3 Repay loan
Repay your loan before the term expires. Otherwise, your collateral could be seized and you won't be eligible to earn YLD.
4 Earn YLD
After repayment and a short waiting period, you will be able to claim your full YLD reward.
1 Create lending offer
Chose the asset and amount you want to lend, interest rate, and duration.
2 Wait to be accepted
Once your offer is created, wait for a borrower to accept it. You can monitor its status from your Profile page.
3 Wait for repayment
The borrower must repay before the term expires. Otherwise, your may seize their collateral, minus a 7% fee.
4 Earn interest
After repayment, your principal will be returned plus interest, paid in the same asset.