Supplying and Earning

How do I Supply?

Browse to the "Supply" section and click on "Supply" for the asset you want to supply. Select the amount you'd like to supply and submit your transaction.

Once the transaction is confirmed, your supply is successfully registered and you begin earning interest. Transferring tokens on an Ethereum based network requires a token approval from your self-custodial wallet. This must be performed with a transaction or signed message prior to the supply.

How much can I earn?

Suppliers receive continuous earnings that evolve with market conditions based on:

• The interest rate payment on borrow positions: 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.

• Flash Loan fees: Suppliers receive a share of the Flash Loan fees corresponding to 0.09% of the Flash Loan volume.

You can find the current supply rate for each token in the Markets tab of the Nexus Market Interface. Historic rates can be viewed by clicking on individual tokens to view their corresponding reserve details page.

Are there any limitations to supply?

There is no minimum or maximum amount to supply.

Where are the supplied tokens stored?

Supplied tokens are stored in publicly accessible smart contracts that enable overcollateralised borrowing according to governance-approved parameters. The Nexus Protocol smart contracts have been audited and formally verified by third parties.

How do I withdraw?

Withdrawing from the Nexus Protocol occurs on the Pool smart contract. Withdrawal transactions can be performed through the Nexus Interface by navigating to the "Dashboard" section and clicking “Withdraw.” Select the amount to withdraw and submit the transaction. You need to make sure there is enough liquidity (not borrowed) in order to withdraw, if this is not the case, you need to wait for more liquidity from suppliers or borrowers repaying. Additionally, the Nexus Interface has a “Withdraw & Switch” feature to enable withdrawing into other tokens.

Can I opt-out of my asset being used as a collateral?

Yes. After supplying your assets, you are able to unselect the asset so that it will not be used as collateral. The opt-out is available in the "Supply" section within your dashboard. Simply switch the "use as collateral" button on the asset you would prefer to opt-out from being used as a collateral. You can withdraw your assets without opting out of using them as collateral, as long as those funds are not actively being used to borrow and provided the withdrawal amount would not cause a liquidation on your borrow positions.