money-check-dollarEarn

In the Linx App you can put your assets to work instead of letting them sit idle in your wallet.

In the Linx App 'Earn' section you can:

Deposit tokens to earn

When you use the menu to go to the 'earn' section, you will see the available pools/markets where you can deposit tokens. Each pool/market has it own deposit token and interest rate you can earn on depositing that token.

Deposits are free to withdraw whenever you want*, there is no locking period and earned interest gets calculated by the second. If you want to read more technical information about interest rates click here and for more information about pools/markets, click here.

When you want to make a deposit, you can click 'deposit' which appears if you hover the pool on desktop, or just click the deposit button on mobile.

A new window will open up where you can set the amount you want to deposit.

If you want more information about the position like the expected interest rate and monthly return you can click 'show details'.

Once you decided how much you want to deposit you can click the 'deposit' button, which will create a transaction you will have to approve in your connected wallet.

Your positions

Now on the 'Earn' screen when you click 'My Deposits' just above the markets/pools, you can see your current deposit and interest rate. When hovering your position you will see a button to 'Manage Deposit' where you can deposit more or withdraw tokens.

Withdraw Tokens

If you click 'Withdraw' a window will open up where you can set the amount you want to withdraw, and if you click 'details' you can see the details on your position. After clicking 'Withdraw' and approving the transaction in your wallet you will receive your withdrawal.

* There could be the situation where borrowers borrowed all the deposits from a pool, in that case you won't be able to withdraw your deposit until other people deposit more tokens in the pool or until loans get paid back/liquidated. The interest rate model is build in way to balance this and prevent this from happening.

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