4. Supply
Last updated
Last updated
Now that you have your DeFi Smart Account (DSA) set up and your wallet loaded with cryptocurrencies, you're ready to supply assets to the Dough Protocol. Here's a step-by-step guide to help you start earning APY yields on your supplied assets.
Step 1: Initiate the Supply Process
Access the Supply Function: In the Dough Finance interface, locate and press the white “Supply" button. This is your gateway to actively using your assets within the platform.
Step 2: Select the Amount to Supply
1. Check Your Balance: A popup will appear displaying the balance of assets in your wallet that are available for supply.
2. Enter the Amount: In the popup, enter the amount of ETH (or any other cryptocurrency you wish to supply) in the designated field.
Step 3: Confirm the Supply
1. Initial Confirmation: After entering the desired amount, click on **"Confirm Supply"**.
2. Finalize the Supply: A confirmation popup will appear. Review the details and press "Confirm Supply" again to execute the supply transaction.
Step 4: Transaction Confirmation
Sign the Transaction: Your wallet will prompt you to sign the transaction. Follow the wallet's instructions to confirm and finalize the supply process.
Step 5: Confirmation of Supply
Successful Supply: Once the transaction is processed, you will see a message indicating "All done". This confirms that your assets have been successfully supplied as collateral.
Step 6: Review Your Supplied Assets
Check Your Supplies: Return to the main interface by pressing the "Back" button. Navigate to the "Your Supplies" section to view the assets you've supplied. You will see your supplied assets now earning APY yields, which accrue every second.
Congratulations on taking this step in your DeFi journey with Dough Finance! 🎉 Your assets are now actively working for you, earning yields and contributing to your financial goals.
Now that you have successfully supplied assets to the Dough Protocol, you might want to explore how to withdraw them if needed. Please refer to our for detailed instructions on how to safely withdraw your assets while managing your investments effectively.