Clearpool USDC

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This tutorial will guide users in the process of depositing new funds on the Clearpool YTs on top of the USDC market.

Ethereum

1. Deposit USDC in Idle's Clearpool YTs

Go to Idle Finance and enjoy the different risk-return profiles of the Yield Tranches.

  • Choose the Yield Tranches of preference by selecting Yield Tranches under the Earn section in the top-bar

Using Senior Tranches, in case of hacks or losses, users' funds will be covered by the funds deposited in the Junior Tranche.

Using Junior Tranches, in case of hacks or losses, users' funds will be employed first to cover Senior depositors' funds and then shared among Junior users.

  1. Type in the USDC amount to deploy liquidity in the Tranche

  2. Click on Approve to approve the token spending limit (1st Tx)

  3. Once the spending approval is confirmed, the user will be able to deposit USDC

  4. Click on Deposit to deposit the funds (2nd Tx)

  5. The user will receive back idle_cpWIN-USDC-LP tokens for the asset deposited depending on the side of the PYTs chosen (AA_idle_cpWIN-USDC for Senior, BB_idle_cpWIN-USDC for Junior)

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