1️How to borrow assets from W3BANK?

Users can deposit funds in the market and receive W3K rewards.

When using W3BANK's DeFi lending model, users who want to borrow tokens must first deposit tokens as collateral in the supply column. Currently, W3BANK supports two tokens for lending and borrowing: PEGO-USDT and WPG. By participating in lending and borrowing on W3BANK, users can earn W3K rewards. The current output level for W3K rewards is one per block, and the rewards are distributed based on the computing power ratio.

1. To begin, connect your wallet and select the "Supply" option in the supply market. Let's use WPG as an example.

WPG can be acquired by exchanging PG on the W3swap testnet. Keep in mind that with a 60% collateralization ratio, users can only borrow tokens worth up to 60% of their deposit value. The supply APY represents the deposit interest rate for users, and as the number of depositors increases, the interest rate will decrease.

To complete a deposit, enter the quantity and click "Enable". After confirmation, click "Supply". Users can earn W3K interest during the supply period.

Once the user finishes supplying, they must toggle the "Collateral Enable" switch in the supply section.

2）At the top of the page, users can view their supply amount and maximum borrowing limit, as well as the W3K reward redemption bar.

3）To borrow USDT in the lending market, users can click on any token details page and select "Borrow." They can then enter the amount they wish to borrow and click "Repay" to repay the loan later.

To avoid malicious behavior, users can borrow a maximum of 20% of the current asset liquidity pool per hourly period. For instance, if the total liquidity pool is 90,000 from 13:00 to 14:00, users can borrow up to 18,000 for testing purposes.