š¦BENQI's Isolated Markets provide risk isolation, better security, and customized strategies for assets with different risk profiles- and they're super easy to use. Here's how to get started:
1ā£Connect wallet & Navigate to Isolated Markets: Head to the āIsolated Marketsā section from the dropdown. This is where you'll be able to interact with assets in a separate, risk-managed environment, limiting exposure to market volatility.
2ā£Supply Assets: Choose to deposit $COQ, $QI or $JOE: Select āSupplyā to deposit assets. Supplying assets will allow you to earn interest while also providing liquidity to the market.
3ā£ Borrow Against Supplied Assets: Once you've supplied $COQ, $QI or $JOE, you can borrow $USDC within that isolated market. Your borrowing power is based on the collateral you've supplied.
4ā£ Repay and Withdraw: When ready, repay your borrowed $USDC to unlock your collateral. Once the loan is fully repaid, you can withdraw your supplied assets from the isolated market.
Get started today and make the most of your $COQ, $QI and $JOE!
#CockyJoe