DepositDeposit
Extra Finance · Acts onchain
Deposits an asset into an Extra Finance reserve to earn the lending rate. The socket approves the pool and deposits on the wallet's behalf; the pool mints eTokens to the wallet at the reserve's current exchange rate and reports how many. The exchange rate climbs as the farming vaults pay interest, so the eTokens redeem for more of the asset over time. A frozen reserve, a paused pool, or a deposit past the reserve's capacity is refused. Reach for it to put an idle balance to work, or as the last step of a strategy that swapped into the asset earlier in the transaction, coiling the eTokens minted into whatever follows.
On other protocols · 6
