Supply & withdraw
Currently, JustLend supports supply and borrow in 15 token markets. You can view the market list in the lower section of the Dashboard page or on the Market page.
jToken refers to the “receipt” users get for supplying assets to JustLend. You will receive interest payment and be able to borrow assets based on the number of jTokens you have.
Supply
- In the All Markets section of Dashboard or in Market, find a target market or filter markets by token balance.
- Click Supply to supply your assets to a market.
- Your approval is required before supplying assets in a market for the first time. We recommend that you reserve sufficient resources or TRX as transaction fees in your account before the action. Otherwise, the transaction may fail.
- If you have already enabled Collateral for the market, the borrow limit and risk value will change with the amount of assets you supply.
- If not, you will see a prompt message showing the change to your borrow limit once you enable Collateral.
- Click Supply, and sign to confirm in your wallet. After that, you will receive jTokens corresponding to your supplied assets. Please note that jTokens are important receipts of your supplied assets and think twice before you transfer them to a third party. Otherwise, your supplied assets and yields may be lost.
Withdraw
- On the right side of Dashboard, you can view your assets supplied to each market.
- Click on a market, and you will see the Withdraw window.
- If you have no debts on JustLend, you can withdraw all your supplied assets. If you have debts, we recommend that you pay attention to the risk bar below when you enter the withdrawal amount. When the risk bar turns to Red, it indicates that the risk value of your account is very high.
Borrow & repay
Borrow
- Before you borrow from JustLend, please make sure you have supplied assets to at least one Collateral-enabled market on JustLend DAO.
- In the All Markets section of Dashboard or on the Market page, find the asset you want to borrow and click Borrow.
- We recommend that you pay attention to the risk value when you borrow assets. The default upper limit of the risk value is 80.
- You can click on the drop-down list to change the upper limit to 90. In this mode, please keep an eye on your account risk value to avoid liquidation.
- The Total Borrowed amount and the risk bar color will change with the borrowing amount you enter. When the risk bar turns to Red, it indicates that the risk value of your account will be high if you borrow assets of the entered amount. After you borrow the assets, the corresponding market will automatically have Collateral enabled.
Repay
- On the right side of Dashboard, you can view all the markets in which you have borrowed assets.
- Click Repay next to a market, and you will see the Repay window.
- You should repay in the same token as the borrowed asset. If you have no assets borrowed in the market, no repayment is required.
- If you have assets borrowed in the market, the total borrowed amount and the risk value will reduce as you repay. The repayment covers both the principal and the interest.