Step-by-Step Tutorial: How to create lending position in Juris Protocol
Creating a Lending Position
Learn how to supply assets to Juris Protocol to start earning yield. This process involves selecting a pool, defining your deposit amount, and confirming the transaction on the Terra Classic network.
Step-by-Step Guide
Step
Action
On-Screen Cues
1. Navigate
Click Lending in the main navigation bar.
Asset table with Tickers, APR, and Utilization.
2. Select Asset
Choose an asset (e.g., $LUNC, $USDC) and click Deposit / Lend.
Asset row expands; action buttons become active.
3. Amount
Enter the deposit amount or click Max.
Live APR and earnings estimate updates instantly.
4. Confirm
Click Confirm and sign the transaction in your wallet.
Wallet pop-up (Station/Keplr); "Deposit Complete" toast.
5. Verify
View your new position under Your Lending Positions.
Position card shows balance and live interest accrual.
Pro Tips & Best Practices
[!IMPORTANT]
Gas Fees: Always keep a small reserve of $LUNC in your wallet to cover transaction fees. Without it, you will be unable to deposit or withdraw funds.
Monitor Utilization: Higher utilization equals higher APR. Use the Details tab to see if a pool is reaching its yield peak.
Diversification: Spread your capital across different assets to balance risk and yield stability.
Compound Interest: Periodically use the Increase function to add your earned interest back into the principal for compounding growth.
Stablecoin Strategy: For more predictable returns during market volatility, consider lending $USDC or $USTC.
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