Lending (iTokens) + Vaults
A guide on how to lend assets on Fulcrum Platform and deposit these assets into autofarm vaults.
Last updated
A guide on how to lend assets on Fulcrum Platform and deposit these assets into autofarm vaults.
Last updated
1) First, go to the Fulcrum (bZx) Lending page on https://bsc.fulcrum.trade/ and make sure you have the assets you want to deposit in your wallet.
2) Choose the asset you want to Lend, key in the amount and click on "Lend"
If it's your first time interacting with a certain Fulcrum Vault, after clicking "Lend", you first have to approve the spending of the asset and afterwards you can approve the transaction.
3) After lending, the lended assets will be visible on the Fulcrum platform. These are your so-called iTokens, in this case iBUSD.
4) Now head over to autofarm and connect your wallet. Select the farm "BZX" (Fulcrum) on the farm selector dropdown, the lended assets are now visible in the specific vault as can be seen in the image below.
5) Open the vault and key in the amount of tokens you want to deposit in the vault, to select all available tokens, click "MAX".
If it's your first time interacting with a certain Autofarm Vault, after clicking "Deposit", you first have to approve the spending of the asset and afterwards you can approve the transaction.
6) After depositing successfully, you should see your deposited tokens reflected under the Deposit section alongside details such as the USD value and the % with respect to the total value locked in the vault, as seen below
Please note, if your iTokens are inside the autofarm vault, it is not possible to unlend them at Fulcrum. First withdraw your tokens from the autofarm vault in order to unlend your tokens.
7) If at any point in time you wish to withdraw your tokens from the vault, simply key in the amount of LP and the "Withdraw" button.
8) Don't forget to head back to the Fulcrum Lending page to "Unlend" the assets you've withdrawn from Autofarm.
