Deposit And Borrow

A single vault deposit gives you immediate, auto-compounded yield through the Mix-Yield Token (MYT). From there you can:

• Stop after the deposit – keep earning passive yield, zero management required.

• Continue to the borrow step – mint lAssets and tap into self-repaying loans.

The instructions that follow are focused on the process of depositing assets and borrowing lAssets subsequently.

If you only want MYT yield, visit the Passive MYT Yield tutorial →

Prerequisites

• Connect your wallet and switch to the chain that holds the assets you plan to deposit.

• Confirm you have ETH for gas on that chain.

Step 1 – Open the Vaults page

• From any screen choose Vaults in the top navigation, or;

• On the Dashboard (pictured above) click the empty tile with a plus icon next to your existing positions.

Step 2 – Find the vault you want

• Use the icon filters (chain and asset) or the Sort by dropdown to narrow the list.

• Click a vault card to open its detail page.

Step 3 – Choose Deposit/Borrow

The lower-left panel has three tabs:

1. Deposit / Borrow (default)

2. Withdraw

3. Repay

Stay on Deposit / Borrow.

Step 4 – Enter amounts

Type the deposit size in the left box, then set the lAsset amount you plan to borrow. As you adjust the fields, keep an eye on three on-screen guides:

• LTV meter – in the main context window, a colored bar shows your live and maximum loan-to-value. The hard cap (90%) or current cap is marked by a red line. To avoid liquidations, keep your LTV below the indicated liquidation level, the further the better.

• Strategy mix – under Strategy Info, you can view the pie-chart of active strategies and their respective risk profiles.

• Strategy ceilings – in the same window, you’ll see the DAO-set maximum share percentage for each strategy that makes up the MYT vault. Therefore, there is a maximum allowed % of high risk strategies in each bucket.

Enter the amount of the vault’s deposit asset you want to add, and the amount of lAsset you wish to borrow.

Step 5 – Queue or send

• Click Deposit or Borrow to submit a single action, or;

• Click the cart icon to bundle both actions. Bundling sends one on-chain transaction instead of two to complete both actions.

Step 6 – Review and confirm

Your wallet pops up the transaction details. Check network, gas estimate, and amounts, then approve.

Step 7 – Track your position

Back on the Dashboard you will see:

• Current collateral

• Outstanding debt

• Loan-to-value ratio

• Redemption queue status (if any)