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Lending Assets

In this tutorial, we will walk you through the simple and intuitive process of lending assets on the Mars dApp. Lending assets can be a lucrative strategy, enabling you to earn interest on your holdings. Follow these steps to initiate a lend position:

Step 1: Navigating to the Lend Page

Begin by visiting the "Lend" page on the Mars dApp to explore the lending opportunities available to you.

Step 2: Choosing an Asset to Lend

Browse through the list of available assets and select one that you wish to lend out to other users on the platform.

Step 3: Determining the Lend Amount

After selecting an asset, input the amount you desire to lend. Ensure that the entered amount aligns with your lending strategy and financial goals.

Step 4: Authorizing the Transaction

Proceed to authorize the transaction by signing and confirming it. This step is essential in securing your lend position on the platform.

Step 5: Inspect Your Lend Position

Congratulations! You have successfully established a lend position on the Mars dApp. Your lend position is now active, allowing you to earn interest on the lent assets.

Step 6: Managing Your Position

Navigate to your lend position anytime to manage it effectively. You have the flexibility to either lend more assets or withdraw your existing lends based on market conditions and your financial strategy.