▶️Supply & Withdraw

What's the Supply Function?

In the Sirio lending protocol, the supply function allows users to provide their assets to the platform, effectively lending them out to other participants. By supplying assets, users contribute liquidity to the protocol, enabling others to borrow these funds. In return, suppliers earn interest on their assets over time, which is an attractive way to generate passive income. This interest accrues based on the lending demand and supply dynamics of the specific assets within the protocol, more details on this are explained in the Interest Rate Model Section. Moreover, users who supply assets, become elegible for opening new borrow positions, since the assets supplied act as collateral too.

What are Withdraw and Harvest Functions?

The withdraw supplied assets & harvest interest function enables users to retrieve the assets they have previously supplied to the protocol. This feature allows suppliers to access their funds whenever they want, as long as the protocol's liquidity conditions permit it. Additionally, by withdrawing, users can also "harvest" the accumulated interest, meaning they can collect the earnings generated from lending their assets to the protocol.