vProtocol Docs
  • Introduction
    • Welcome To vProtocol
    • Protocol Overview
    • Key Features and Benefits
    • Use Case
    • Ecosystem Partners
  • USER GUIDE
    • For Lenders
      • Supply Assets
    • For Borrower
      • Depositing Collateral
      • Borrowing From The Lending Pool
    • For Trader & Developers
      • Using FlashLoans
      • Example Implementation
  • Protocol Architecture
    • Diamond Standard Implementation
    • Core Component
    • Smart Contract Structure
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  1. USER GUIDE
  2. For Borrower

Depositing Collateral

To deposit collateral you do the following

Deposit Process

  1. Navigate to the "Deposit" card of the Five Protocol app

  2. Select the asset you wish to deposit as collateral

  3. Enter the amount you wish to deposit

  4. Approve the token (first-time only)

  5. Confirm the transaction in your wallet

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Last updated 17 days ago