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Depositing

Supplying Assets

Lemond Protocol users may supply various supported cryptocurrencies or digital assets onto the platform, which can be used as collateral for loans, supply liquidity and earn an APY, or to mint synthetic stablecoins.
Supplying assets such as cryptocurrencies or digital assets to Lemond gives the users the ability to participate as a lender while maintaining the security of collateral in the protocol. Users will earn a variable-based interest rate depending on the yield curve utilization of that specific market.
All user assets are pooled into smart contracts so that users can withdraw their supply at any time, given that the protocol balance is positive. Users who supply their cryptocurrency or digital asset to Lemond will receive a lToken, such as lBTC, which is the only token that can be used to redeem the underlying collateral supplied. This will enable users to use these tokens to hedge against other assets or move them into cold storage wallets that support current chain.
Loan mining guidelines as per below.
Tokens available
Contract Address
OKB
0xdf54b6c6195ea4d948d03bfd818d365cf175cfc2
USDT
0x382bb369d343125bfb2117af9c149795c6c65c50
EHTK
0xef71ca2ee68f45b9ad6f72fbdb33d707b872315c
BTCK
0x54e4622dc504176b3bb432dccaf504569699a7ff