05. Lend & Borrow
Last updated
Last updated
In the StarkNet network, there are several lending platforms that are particularly noteworthy, such as Nostra.Finance and zklend.com. Nostra has recently been featured on Starknet.Quest (https://starknet.quest/quest/20), where users can earn NFTs by completing various tasks. It's also worth noting that when aiming for airdrops, lending platforms are the most cost-effective tool for generating volume.
Select "Borrow" on the main page.
Use your deposit as collateral to borrow tokens.
Enter the amount you want to borrow, limited by your deposit times the collateral factor.
Check your loan details.
Click "Borrow" and confirm the transaction in your wallet.
Choose a cryptocurrency from the 'Markets' list on the main page.
Enter the amount you wish to deposit.
Enable 'Lending' to lend your assets.
Enable 'Collateral' if you plan to borrow.
Click 'Deposit' and confirm in your wallet.
Manage your deposits in the 'Assets' section on the main page.
