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Supplying & Withdrawing
Guides in this section are for future reference, lending features are currently only available on Ethereum.
Umee users can supply assets on the Umee market to start earning lending yield. Assets supplied on the Umee market can be used as collateral for cross chain borrowing.

Prerequisites

Supplying on the Umee Market
Withdrawing from the Umee Market

Supplying Assets on Umee

Select the “Supply” section on the left sidebar.
Select the asset you’d like to supply on the Umee market.
For this example we will supply native UMEE tokens.
On the pop-up, input the amount you’d like to supply and select “Supply.” Confirm the transaction in your wallet.
DO NOT SUPPLY 100% OF YOUR UMEE Tokens! All transactions on the Umee Network will require a small UMEE balance for the gas fee.
You have now supplied assets on the Umee market and will begin earning lending interest on your deposit! You may now use your deposit as collateral to borrow from the Umee market if you'd like.

Withdrawing Assets from Umee

Withdrawing assets that are being used as collateral will negatively impact users' loan to value ratios and increase their risk of liquidation.
To withdraw assets, select the asset you’d like to withdraw from the Supply page.
For this example we will be withdrawing UMEE.
Select “Withdraw” on the top of the pop-up.
Input the amount of tokens you’d like to withdraw, and click “Withdraw” on the bottom of the pop up. Confirm the transaction in your wallet.
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