Earn Passive APY

Stable yield seekers can deposit directly into lending pools on Alloc8 without needing to manage an active position (visit www.alloc8.xyz for the invite code).

1. Go to the Earn page. Choose the asset pool you want to earn with and click "Supply".

To participate in the current pool, ensure you have some WETH in your wallet. You can obtain WETH by using the "Get WETH" faucet located at the top right corner of our platform, or through Uniswap and other DEXs.

2. Specify the amount you want to supply or click MAX. Then click "Approve" and wait for the transaction to be confirmed.

3. Once the "Approve" transaction is complete, click "Supply" and wait for confirmation. Once confirmed, you will receive (staked) aWETH8 tokens in your wallet.

Congratulations! Now you have aWETH8 tokens. The APY from borrowers on Alloc8 is being automatically compounded, so there's nothing you need to do. Just sit back and watch your asset grow.

We plan to introduce additional Earn pools, creating more APY opportunities for various ERC20 tokens.

Withdrawing Liquidity

Do the same steps as above, but simply click on the "Withdraw" option in Step 2. Rest everything remains the same.