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How do I use the service?

Updated on February 1, 2022

In order to use the service, you simply supply your preferred assets. After supplying, you will earn passive income based on the market borrowing demand.

Additionally, some tokens(for example, WAVES and USDN) are safely staked within the ecosystem to earn additional income for the depositors.

How To Supply Liquidity to vires.finance

Please make sure you have enough WAVES to sign transactions. 0.005 WAVES is required to interact with a smart contract.

Step 1: Open your Enno Wallet

Step 2: Tap to Invest button

Step 3: Scroll down to find vires.finance

Step 4: Check for available assets and their APYs

Step 5: Select asset to supply liquidity

Step 6: Slide or enter your liquidity amount

Step 7: Accept terms & conditions

Last Step: Tap to Supply button

Please wait until the blockchain control is completed. Your supplied amount will show up under the asset in which liquidity is provided.

Enjoy passive income! Your income appears in the form of your deposit increasing with every block(~1 minute). There’s neither a dedicated field within the interface for that nor an airdrop procedure — simply your Supply grows over time.

How To Remove Liquidity from vires.finance

Step 1: Open your Enno Wallet

Step 2: Tap to Invest button

Step 3: Scroll down to find vires.finance

Step 4: Check for the assets you supplied liquidity before

Step 5: Select asset to withdraw liquidity

Step 6: Enter or slide your liquidity amount

Step 7: Accept terms & conditions

Last Step: Tap to Withdraw button

Please note: You can withdraw any amount at any time, except for the times when everything is borrowed. During these periods, however, the Supply APY skyrockets, and you probably wouldn’t want to withdraw. If you still do, the high Supply APY will attract other depositors so the funds will soon be available for withdrawal.

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