Beraborrow
  • Overview 🌄
    • What is Beraborrow?
    • How to use Beraborrow?
    • Key features
    • Leverage in Beraborrow
  • Borrowing 🤝
    • Dens
    • Understanding Collateral
      • Collateral Screening and Parameter Methodology
      • iBGT as collatoral
      • Kodiak Islands as Collateral
      • iBERA as collateral
      • bHONEY
      • ETH and BTC based Derivatives
    • Fees for Borrowers
    • Collateral Ratio and Liquidation
    • Recovery Mode
    • Flash Loans
  • NECT (Stablecoin) 🍯
    • What is Nectar ($NECT)?
    • Liquid Stability Pool (LSP)
    • Redemptions
      • $NECT Peg
    • sNECT Arbitrage Opportunities
  • POLLEN 🐝
    • What is POLLEN?
  • Boyco Incentives
  • Proof of Liquidity 🌊
    • Importance of Proof of Liquidity
    • How Beraborrow utilises Proof of Liquidity
  • AUDITS 🔒
    • Audits
  • Additional Resources 🔧
    • Contract Addresses
    • Brand Assets
    • Glossary
    • Official Links
  • 👥User Guides
    • Den Management
      • How to Open a Den
      • How to Close a Den
    • Liquid Stability Pool Management
      • Deposit NECT into the liquid stability pool.
      • Withdraw NECT from the liquid stability pool.
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  1. User Guides
  2. Liquid Stability Pool Management

Deposit NECT into the liquid stability pool.

PreviousLiquid Stability Pool ManagementNextWithdraw NECT from the liquid stability pool.

Last updated 9 days ago

  1. Go to the Pool section of the Beraborrow dApp.

  1. In the Deposit NECT section, input the amount of NECT you wish to deposit.

  1. From the Potential Composition section you can see the potential composition your NECT deposit will equate too.

  1. When you are ready click Deposit then approve and sign transactions from your wallet.

You have now deposited NECT into the liquid stability pool and are earning yield from liquidations and protocol fees! You have received sNECT, a receipt token that can be used for yield-stacking strategies and arbitrage opportunities.

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