Haust Network
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haust.network
haust.networkBlog
  • INTRODUCTION
    • About Haust
    • Haust Ecosystem
  • HAUST ECOSYSTEM
    • Haust Network
      • Tokenomics
      • Tokens
    • Haust Wallet
    • Haustoria
    • Bridges
    • DEX & Lending
    • DAO
  • SECURITY & SCALABILITY
    • Security
    • Scalability
  • Haust Lend
    • Introduction
    • FAQ
      • Supplying & Earning
      • Borrowing
      • Health Factor & Liquidations
  • HAUST WALLET
    • Wallet Apps
      • Registration
      • Receive
      • Swap
      • Send
      • History
      • Supply
      • Borrow
      • Withdraw
      • Repay
      • Notification
      • Add More Tokens
      • Token Details
      • Settings
    • Telegram miniapp
      • Registration
      • Receive
      • Swap
      • Send
      • History
      • Supply
      • Borrow
      • Withdraw
      • Repay
      • Notification
      • Add More Tokens
      • Token Details
      • Settings
  • TERMS & PRIVACY
    • Terms of Service
    • Privacy Policy
  • testnet
    • Haust Network: Testnet Quests & Reward System
    • Testnet Erigon Instructions
    • Testnet DEX Instructions
    • Testnet Lend Instructions
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On this page
  • 1. CONNECT WALLET
  • 2. SUPPLY TOKENS
  • 3. BORROW TOKENS
  • 4. TRANSACTIONS HISTORY
  • 5. COMPLETE HAUST LEND TESTNET BUG REPORT
  1. testnet

Testnet Lend Instructions

PreviousTestnet DEX Instructions

Last updated 1 day ago

1. CONNECT WALLET

  1. Open the Haust Lend site and click the Connect button to link the wallet you previously used during the Testnet Erigon phase and Testnet DEX phase.

  1. The disconnect, copy address and view on explorer options will be available by clicking on the connected wallet in the top right corner.

  1. Your Supplies and Borrows will not be displayed if there were no transactions in the Lending protocol with the current wallet.

2. SUPPLY TOKENS

  1. Click the Supply button of WBTC.

  1. Supply any amount preferably more than 60% of your token balance.

  1. Click Approve and confirm the transaction in Metamask.

  1. Next, click the Supply button and confirm the transaction in Metamask..

  1. The token will be supplied, by default collateral toggle will be enabled.

  1. Now supply any amount of WETH by following similar steps 1 - 4.

  2. After that you will have 2 assets in your Supplies.

3. BORROW TOKENS

  1. To borrow tokens click Borrow button. Let's borrow USDT.

  1. Choose any amount below maximal. Click Enter amount and confirm transaction in Metamask.

  1. Now on a main screen added a new parameter - Health Factor is a crucial metric that measures the safety of a Borrow position.

  1. To understand its mechanism lets Borrow more tokens (or Withdraw some Supply) to make the Health Factor lower and as much close to 1.5 as possible.

  2. I had to Withdraw all WBTC and Borrow more USDC to achieve Health Factor at 1.50.

  1. A Health Factor of 1.5 means that your collateral is 1.5 times greater than the required minimum collateralization level. Health Factor 1.5 and lower is close to critical, when user needs to interact with Protocol to adjust it.

  2. A health factor below 1 risks liquidation. To increase it Repay some of your loan (Borrow positions) or deposit more collateral (add more Supply).

4. TRANSACTIONS HISTORY

  1. Click the View Transactions button located in the top right corner of the site to check the history.

  1. Will be displayed all history of your interaction with Protocol.

5. COMPLETE HAUST LEND TESTNET BUG REPORT

1. Please complete the Google form and list all the issues you encountered.