Vaultify
  • Introduction: Overview of VAULTIFY and $VAULT Token
  • Getting Started
    • Use Cases for $VAULT:
    • Core Products and Features
  • User Guides and Tutorials
  • Security and Risk
  • API and Developer Tools
  • Socials
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User Guides and Tutorials

Getting Started

  1. Create an Account: Head to VAULTIFY's website, connect your wallet (e.g., Phantom, WalletConnect), and sign the transaction to link your account.

  2. Dashboard Overview: Once connected, you can manage your assets, track your positions, and access lending or borrowing features.

  3. Deposit Collateral: Select an asset to deposit as collateral for borrowing or lending.

Lending Guide

  1. Deposit Assets: Select an asset (e.g., ETH, USDC) from the Lend tab and deposit it into the lending pool.

  2. Track Earnings: Your assets will start earning interest automatically. Check your dashboard to see your accrued interest and current APY.

  3. Withdraw Earnings: At any point, you can withdraw your assets along with the interest earned by selecting the Withdraw option in the Lend tab.

Borrowing Guide

  1. Select Asset to Borrow: Navigate to the Borrow tab, select the asset you want to borrow (e.g., USDT), and input the amount.

  2. Deposit Collateral: Choose a supported collateral asset (e.g., $VAULT, BTC) and confirm the amount to lock up.

  3. Borrow Funds: Confirm the transaction in your wallet. The borrowed funds will appear in your wallet.

Collateral Management

  1. Add More Collateral: If your collateralization ratio is at risk, you can add more assets by selecting Manage Collateral from the dashboard.

  2. Reduce Collateral: If you want to withdraw part of your collateral, select Withdraw Collateral and enter the amount, ensuring the loan is still sufficiently backed.

  3. Repay Borrowed Funds: You can repay the loan at any time by selecting Repay Loan and confirming the amount to be repaid.

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Last updated 8 months ago