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Eralend Mainnet Guide 📚

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Eralend Mainnet Guide 📚

Eralend
Apr 25, 2023
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Eralend Mainnet Guide 📚

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GM Nexonians!

This newsletter will cover the instructions to use Nexon Finance. Let’s dive in.

First, you will need the following:

  1. Open your browser

  2. Install Metamask if not installed

  3. Open Eralend dapp at https://app.eralend.com

Steps to use the Nexon dapp:

Step 1 — Add the zkSync Era Mainnet to Metamask.

  1.  Go to this URL https://chainlist.org/chain/324 

  2. Connect your wallet, right now the dApp supports Argent & Metamask.

  3. Once connected, click on “Add to metamask”.

  4. Add zkSync Era mainnet to your Metamask wallet.

Step 2 — Deposit & withdraw on Nexon

  1. Connect your wallet to the Nexon dApp.

  2. If you don’t already have your tokens on the zkSync mainnet network, then bridge your tokens through https://portal.zksync.io/bridge 

  3. Once tokens are bridged, click on the USDC market.

  4. Enter the desired deposit amount and click the "Supply" button.

  5. Upon successful supply, Nexon Tokens (nTokens) representing your supplied asset will be deposited into your wallet.

  6. You can withdraw your tokens at any time by clicking on the market you’ve supplied to & choosing the withdraw option.

Step 3 — Borrow & Repay on Nexon

  1. Go to the Borrow Tab.

  2. Use supplied assets as collateral (necessary for borrowing).

  3. Enter the desired deposit amount and click the "Borrow" button.

  4. Upon successful borrowing, you will receive the tokens in your wallet.

  5. You can do repayment anytime by going to the “Repay” tab.

Step 4 — Other features

  1. You can explore the different features of the dApp & take help from the walkthrough option in the top right dropdown “guide”

  2. Now you’re all set to experience the new standard of User Experience in DeFi. Enjoy! 

We're creating Nexon with the entire DeFi community in mind, and we invite you to join us in shaping this collective experience. Let's build Nexon together!

Click the links below to join the community and stay updated with all things Nexon.

Twitter |  Discord  |  Lens | Website  | Whitepaper

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Eralend Mainnet Guide 📚

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