Follow steps below to start using
1. Connect wallet
no wallet connected ...
1. Supply token to the Compound Protocol:
2. Redeem from the Compound Protocol:
1. Enter market (
2. Borrow from the Compound Protocol:
3. Repay borrow:
4. Exit market:
How to test?
Download metamask browser plugin at metamask.io
For metamask app, open this page in metamask browser
Open metamask, set your network to 'Kovan Test Network'or any other network
Go to faucet.metamask.io or faucet.kovan.network to get a free test ETH token
Click "1. Connection wallet"
To supply, enter 0.5 ETH and click on supply button
To borrow, first enter market, then select a token like DAI, enter amount like 5 and submit
How does collateral work?
Only needed if you borrow from Compound
Let's say you have ETH and supply 10 ETH as collateral
ETH's market price is $380, so you have about $3800
with collateral factor of 75%, you can borrow up to $3800*0.75 = $2850 worth of DAI