Deposit funds through Idle
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This tutorial will guide you in the process of depositing new funds into Idle.
Before you start
To ensure a smooth process be sure to have the following items ready:
A supported EVM wallet (Metamask, Coinbase wallet, Rabby)
Underlying assets (DAI, USDC, USDT, WETH)
Ether (ETH) to cover network fees (i.e. gas)
Deposit
Visit the Idle app at app.idle.finance
In the header, select the Earn tab and then choose either the Best Yield or the Yield Tranches vaults
In the top-right corner click on Connect Wallet and then select the chain you want to deposit to from the drop-down menu
If the connection is successful, in the top right corner you will see the address of the wallet connected, as well as any IDLE balance (zero for new users)
Pick the vault you want to deposit to. For Yield Tranches you will need to select on which side (Senior/Junior) you want to deposit to
If it's the first time interacting with a vault, you will need first to approve the token spending
After the spending approval, you can deposit
The amount deposited will be transferred to the Idle smart contract and you will receive in back the LP token of the strategy you selected
Please note that you should not decrease the gas limit, and you should set the gas price to ensure the transaction completes promptly, otherwise, you will risk failed transactions and wasted gas fees.
If the Idle's website is down and you can't interact from the UI, you can always do so directly with the smart contracts. See the Deposit funds through smart contracts guide.
Need further help? Check our guides list or get in contact on Discord.
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