Browse to the "Deposit" section and click on "Deposit" for the asset you want to deposit. Select the amount you'd like to deposit and submit your transaction*. Once the transaction is confirmed, your deposit is successfully registered and you begin earning interest.
kTokens tokens holders receive continuous earnings that evolve with market conditions based on:
The interest rate payment on loans - depositors share the interests paid by borrowers corresponding to the average borrow rate times the utilisation rate. The higher the utilisation of a reserve the higher the yield for depositors. Check this spreadsheet to see the borrow interest rate model in action.
Each asset has its own market of supply and demand with its own APR (Annual Percentage Rate) which evolves with time.
You can deposit any amount you want, there is no minimum or maximum limit. Still, it's important to take into account that for really low amounts it is possible that the transaction cost of the process is higher than the expected earnings. It is recommended that you consider this when depositing very low amounts.
To withdraw you need to go to the market you’re lending to and click on “Withdraw”. Select the amount to withdraw and submit the transaction. Also, you can use your “kTokens" as liquidity without withdrawing. You would need to make sure there is enough liquidity (not borrowed) in order to withdraw, if this is not the case you would need to wait for more liquidity from depositors or borrowers repaying.
Yes. After depositing 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 "Deposit" 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.