TrueFi Docs

Lending to portfolios

How do I lend?

Once a user is ready to lend to a portfolio, the user will need to complete two transactions:
  1. 1.
    approve : approves the lending pool smart contract to transfer up to a certain allowance of the asset. (Note: This is a typical Ethereum interaction. Read more about 'approve' here).
  2. 2.
    deposit : lends funds to the lending pool. In return, the lender will receive lending pool tokens ("LP tokens").
Note that for some portfolios, lender funds are locked until the portfolio's maturity date. Please review and confirm details before lending to a portfolio.
Example: Lending to TrueFi Capital Markets portfolio