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Hana Finance
  • Introducing Hana Finance
    • Decentralized Money Market
    • Built on Taiko
    • FAQ
  • Our Platform
    • Supplying Assets
      • Deposits
      • Withdrawal
    • Borrowing Assets
      • Deposit Collateral
      • Borrow
      • Health Factor
      • Loan Repayment
    • Interest Rate Model
      • Supplying
      • Borrowing
    • Liquidations
  • Key Parameters
    • Market Parameters
    • Supply/Borrow Caps
  • Testnet
    • Hana Testnet
    • Faucet
    • Bridging Guide
      • Testnet Bridge
      • Mainnet Bridge
  • Token Economics
    • $HANA
  • Contracts and Security
    • Contracts
    • Price Oracle
  • Others
    • Legal Disclaimer
  • Links
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On this page
  • How to Deposit
  • Enabling Assets as Collateral
  1. Our Platform
  2. Supplying Assets

Deposits

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Last updated 11 months ago

How to Deposit

  1. From the markets page, select the asset you wish to deposit.

  2. Input the amount of asset you wish to deposit.

  3. Click "deposit" to submit a transaction.

  4. Once the transaction is confirmed, the asset will be deposited.

For first time deposits, users will have to approve the usage of their assets before they can submit a deposit transaction

Enabling Assets as Collateral

When an asset is deposited by users, they have the discretion to utilize it as collateral. This action grants them borrowing privileges.

The option to set an asset as collateral is accessible from the details page of the asset or from the Dashboard, as depicted below:

Borrowing Assets