Supplying Assets
Last updated
Last updated
1) Go to the Tectonic “” page directly or go to the website and click “Enter App”
2) Click the yellow “Connect Wallet” button on the top right of the page and make sure you are connected to the Cronos Network.
A guide on how to set-up Cronos Network on Metamask can be found . The Crypto.com Onchain Wallet will automatically have the Cronos Network setup.
4) Once you have selected the asset that you want to supply (for example, USDC), you will be directed to the individual asset markets page
5) Click on the “Supply” button. After which, indicate the amount you want to supply and click “Supply”
6) Confirm your transaction on your wallet
7) If your transaction is successful, you will receive a pop-up notification
3) On the “” page, you can choose to supply assets either within one of : Main Pool, Veno Pool, or DeFi Pool. Once you have decided on a pool, select the asset that you want to supply.
A: When you supply an asset, you will receive a as a receipt. These tTokens accumulate interest over time - this is reflected in their tToken-to-asset exchange rate, which can be found on the individual assets (under the Market details section, shown in the screenshot below). By simply holding the tToken, you will be earning interest.
A: Check out a detailed example . Keep in mind that Interest isn’t paid out regularly—instead, it’s automatically included when you withdraw your assets from Tectonic.
Distribution APY = rewards paid to user