How to use: Tadpole Finance Lending Platform
Tadpole Finance is an open-source platform providing DeFi services for saving and lending. This project was initiated by Indodax and Tokenomy. Indodax itself is one of the top 50 exchanges based on coinmarketcap. Let’s join the next level of decentralized saving and lending system which is more transparent, immutable, and open for everyone!
Right now, we are in the early stage of development. There are BNB, USDT, and TAD that you will be able to make savings and the token itself act as a liquidator. You will gain interest as a reward
How to make savings and loans at Tadpole Finance?
Make sure you have a BSC wallet and your TAD with the BSC network. Prepare some BNB coins as gas fee on the BSC network.
If you have TAD ERC-20, you can bridge TAD ERC-20 to BEP-20 network at the following link (https://tadpolefinance.medium.com/tadpole-finance-bridge-368af0dca5d7)
Or in the other way, simply buy TAD on Indodax and withdraw to your wallet with BEP-20 Network
SAVING & LENDING TUTORIAL :
- visit https://tadpole.finance
- Make sure you have a BSC wallet, TAD BSC tokens, and BNB coins.
- Click “Enable” on the market you want to activate, then click “Confirm” when a pop-up notification from the wallet appears.
- click the token logo that you want to save in the “Supply” box, for example the TAD token.
- Then, type the nominal TAD you want to save, and click “Continue”
- Pay attention to the total value that is filled in, if it is correct click “Confirm”.
- The following image will appear and your transaction has been successful
- Every time you make a transaction, make sure you have enough BNB coins for the gas fee
- Check your supply balance. The balance at the top of the market will update in a few minutes.
BORROWING TUTORIAL :
- visit https://tadpole.finance
- Make sure you have a BSC wallet, TAD BSC tokens, and BNB coins.
- Click “Enable” on the market you want to activate, then click “Confirm” when a pop-up notification from the wallet appears.
- To make a loan, click the token logo in the borrow box. (Click USDT for example)
- Fill in the nominal you want to borrow
- Click “Confirm” and wait a few minutes
- Your loan has been successful and the loan balance will go into your wallet.
- try to pay attention again to your supply and borrow balance, it will definitely be updated! And don’t forget to make a payment!
REPAYMENT TUTORIAL :
- click the token you want to return the loan by clicking the box labeled “Borrow”.
- Then, click the button with the words “Repay”
- Enter the amount you want to pay off, click “Continue”, and follow the instructions
REDEEM TUTORIAL :
- If you want to withdraw the supply that has been entered into the Tadpole platform, click the token you want to withdraw on the “Supply” button.
- Then, click the “Redeem” button
- Enter the number of tokens you want to redeem. click “Continue” and follow the same transaction confirmation process as the previous transactions.
- The redeemed token will go back into your wallet
