INIT Capital
  • Protocol Overview
    • Introduction
    • Liquidity Hook
      • Benefits to DApps
      • Benefits to INIT Users
    • INIT Growth Loop
  • Lending
    • Assets List
    • How Deposit Works
    • Lending APR
    • LP Tokens as Collateral
    • Lending Cap
  • Borrowing
    • Assets List
    • Borrow Cap
    • Health Factor
      • Blast Parameters
      • Mantle Parameters
    • Minimal Liquidation
    • Interest Rate Model
    • Flash Borrow
    • Auto E-Mode
    • Debt Ceiling
  • Key Features
    • Flash Borrow
    • Multi-Silo Positions
    • LP Tokens as Collateral
    • Yield-Bearing Tokens as Collateral
  • For dApps
    • Building Liquidity Hook
    • Developer Docs
  • Additional Information
    • Official Links
    • Contract Address
      • Blast
      • Mantle
    • Oracle
    • Audits
    • Media Kit
    • Terms of Use
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  1. Lending

How Deposit Works

Deposit supported assets to the corresponding lending pools to receive inTokens. inTokens are interest-bearing tokens that accrue value over time from borrowing interests. It is represented as ‘inxxx’ in your wallet, for example: inETH, inUSDT, etc.

The inTokens’ values will constantly increase at the rate of their current interest rate as they continue to accrue interest. To convert your inTokens back to the deposited assets, simply withdraw. Given that the lending pool has enough unutilized tokens, you will receive your deposited assets, while the inToken gets burnt upon withdrawal.

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Last updated 1 year ago

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