How to Lend
Last updated
Last updated
To use the function, including the following steps:
Step 1
In the vertical navigation bar, click the “DeFi” tab.
Then click the ”Lending” tab to access the function.
Step 2
The user provides some of the following information:
(1) Select an asset to lend.
(2) Select a reward plan.
(3) Enter the amount you want to lend.
Click “View project information” to view details.
Step 3
The system checks the input value. If it is valid (assets must be sufficient for lending, transaction fees, and lending fees), the “Confirm” button is enabled.
Click on the “Confirm” button 🡪 Redirect to the “Lending Donation” screen.
At the Lending Donation screen, users will donate part of the interest received after the reward lending has been completed.
Step 4
Select donation plan
Choose a donation amount: 30%, 40%, or 50%.
Or enter the specific value you want to donate.
Or no donation.
Step 5
Select a charity that you would like to donate to:
Any Charity (the FRUITS organization will make a donation to any region).
Or select a region where the FRUITS organization is calling for donations.
Step 6
The system checks the input value.
If it is valid (must select the donate plan), the ‘Confirm’ button is enabled.
Click on the “Confirm” button 🡪 Display the “Confirm Lending Plan” popup.
At the Confirm Lending Plan, display the following information:
the Amount: the amount of staked user coins.
Project Name.
Lending Plan (Lock Time): A lending plan that the user has registered for lending.
APR: the interest that users receive after the "lending" is completed.
Donation Amount: Donation level after reward staking is completed.
Lending Fee: Fee for Lending.
Step 7
Enter PIN code.
Step 8
The system checks that the input value is valid 🡪 The "Submit” button is enabled.
Click on the “Submit” button 🡪 Redirect to the Information Lending screen that the user has selected to apply.
Selected Charity: A donation amount will be sent to a region.
