Product Basics

Depositing

You can deposit any amount you want without any minimum or maximum limit. But the more you deposit, the higher interest you will gain. Please make sure your expected interest is higher than the transaction fee. Your deposits will be allocated in an open-sourced smart contract.

Withdrawal

You can withdraw assets when your funds are not actively being used to borrow and withdrawal of those assets would not cause a liquidation on your loans.

Borrowing

To borrow assets on Poseidon, you need to deposit an accepted asset as collateral. There is a maximum borrowing amount related to the value you have deposited .

Repayments

There is no determined time period to pay back the loan. As long as your position is safe, you can borrow for an undefined period.