Lend
Thanks to the secure and efficient off-chain system and zkTrue-up, users do not pay gas fees for placing and canceling orders.
Step 1
Click 'Borrow / Lend' at the top of the page to get started. Users will be directed to a new page where they can select each token to view the accepted collateral and the latest interest rates matched in the market.
Step 2
Click "Lend" to proceed. Specify the minimum acceptable interest rate and the amount of tokens to lend.
Check the details before submitting the order.
Please sign the transaction to proceed. If the transaction is successful, a message saying "Auction lend request sent" will appear at the bottom right of the page. v
Please note that if users have an insufficient balance or haven’t made a deposit yet, they’ll need to do so before placing orders. In this case, follow the steps below. For non-PT tokens, simply approve the deposit limit and make the deposit. For PT tokens, approve the deposit limit first, then wrap the tokens.
Step 3
View the order history at the bottom of the page.
If the status shows "running," it means the order is still being processed. Notice that if the order were partially matched, it would still be marked as "running" and would continue to participate in the next round of auction.
If the status shows "completed," that means the order has been successfully matched. However, if the status shows "rejected," that means the order was not placed. Users may consider placing the order again.
If needed, users can also cancel their orders.
Transaction Status
Please use the "Explorer" function, which can be found under "More," to check each transaction's status.
The sequencer in zkTrue-up collects users’ transactions, batches them, and sends them to Ethereum. Therefore, users will need to wait for a specific period of time before they can observe their actions being reflected in the protocol. It is important to note that this number may be adjusted to accommodate various circumstances upon the launch of the mainnet.
To learn more about the rollup services and how transactions are handled and settled, please refer to the doc at https://docs.ts.finance/architecture/rollup-services
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