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Depositing
This guide walks you through how to deposit in MOAR.

Requirements

  1. 1.
    Web Browser wallet Metamask.
  2. 2.
    Asset to deposit.
  3. 3.
    ETH for paying gas.

How to Deposit

There are two ways to deposit:
  1. 1.
    From the Markets, click into the asset you want to Deposit. This opens up the Asset Profile page. From here, click on the Deposit button.
  2. 2.
    From your Dashboard, if you already have the asset deposited, under My Deposits you can click on the Deposit button for the asset. You can also click on Add Assets from the My Deposits section to deposit assets which you have not yet deposited.
Clicking on Deposit will prompt your to confirm the deposit from your Metamask. If this is your first deposit, you will confirm an additional approval transaction before confirming your deposit.

What do I earn?

For depositing assets, you will receive MOAR mTokens representing your deposits in MOAR. mTokens enable you to continuous earnings that evolve with market conditions based on the assets' utilization rate.
Depositors share the interests paid by borrowers corresponding to the borrow rates. The higher the utilization of an asset, the higher the yield for depositors. Each asset's Asset Profile shows the current utilization, deposit, and borrow rate for an asset. You can also see how rates change as utilization increases or decreases.
The deposit APY is an indicative metric based on the market's current condition. Your actual earning may vary.
Boosters
Boosters are used to increase your collateral borrowing power. Boosters do not earn deposit APY.

Deposit Minimums / Maximums

There is no minimum or maximum limit for deposit.
  1. 1.
    For very low amounts, the transaction cost of depositing and withdrawing may make it uneconomical.
  2. 2.
    Never deposit more than you can allow to lose. While MOAR builds upon the proven liquidation algorithm behind Compound to protect platform solvency there are always unforeseen risks which may result in you losing up to all of your funds.

How to Withdraw

You can Withdraw from the same places you deposited:
  1. 1.
    From the Markets, click into the asset you want to Withdraw. This opens up the Asset Profile page. From here, click on the Withdraw button.
  2. 2.
    From your Dashboard, under My Deposits you can click on the Withdraw button for the asset.
If you are borrowing against your deposited assets, you may be prevented from withdrawing if the withdrawal results in negative account liquidity.

Borrow Collateral

To borrow against your collateral, you will need to enable them as Collateral. Go to Dashboard and click on the Collateral checkbox. You will be prompted to approve the transaction in Metamask.
Deposits that are enabled for collateral can be liquidated should your account liquidity drop below zero.
To remove assets as Collateral, unclick the Collateral checkbox. You will be prompted to approve the transaction in Metamask. You will be prevented from removing the collateral if doing so drops your account to negative liquidity.
Last modified 5mo ago