Extra Finance
  • 3️⃣Welcome to Extra Finance
  • Overview
  • Getting Started
    • MetaMask
    • Safe (Multi-Sig Wallet)
  • Audits & Security
  • Risks
  • Contracts & Transparency
  • Academy
    • Thoroughly understand a farming position
    • Intro to Leveraged Yield Farming - Overall
    • Intro to Leveraged Yield Farming - Long Strategy
    • Pseudo Delta Neutral (PDN) Farming Strategy
    • Extra Finance Deep Dive
  • Bridge EXTRA
  • FAQ
  • 👨‍🌾Leverage Farming
    • Introduction to Leveraged Yield Farming
    • How Extra Finance Works
    • How to use
      • Open a Farming Position
      • Close a Farming Position
    • Strategy
      • Re-investing Strategy
      • Long/Short Farming Strategy
      • Market Neutral Strategy
    • Pool Info
    • Price Feed
    • Impermanent Loss
    • Liquidation
  • 🏦Lending
    • Introduction to Lending
    • How to use
    • Interest Rate Model
    • Pseudo-Fixed-Interest-Rate Model
  • 🌕Tokenomics
    • Introduction to Tokenomics V2
    • ve-Mechanism & Utility V2
    • Allocation & Emission V2
    • Staking V2
    • Tokenomics V1
      • ve-Mechanism & Utility
      • Allocation & Emission
      • Staking
        • How to Stake (to veEXTRA)
  • 📘Resources
    • Param & Fee
    • Roadmap
    • Brand Assets
    • Links
    • Term of Use
    • Terminologies
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  1. Lending

How to use

PreviousIntroduction to LendingNextInterest Rate Model

Last updated 1 year ago

To open a lending position on Extra Finance, simply follow the steps below:

  1. Visit the

  2. Connect to your Web3 wallet (such as . Please ensure that you have a sufficient amount of ETH to cover on-chain gas fees. These fees will be charged by the Optimism chain. ExtraFi still maintains 0.00 gas for in-app transactions)

  3. Select the lending pool that you’d like to deposit and click on “Deposit”

  1. Enter the amount to deposit

  1. Click on "Deposit" and confirm the transaction on your wallet

  1. Once the transaction is processed, you can find the info about your lending position in the "Your Positions" section on the Lend page.

To fully/partially withdraw from a lending position on Extra Finance, simply follow the steps below:

  1. Select the lending pool that you’d like to withdraw and click on “Withdraw”

  1. Enter the amount to withdraw

  1. Click on “Withdraw" and confirm the transaction on your wallet

🏦
Extra Finance Lend page
MetaMask