How to Supply on Scallop
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Choose the asset you want to supply on the Lending pools page. The Supply APY you earn will automatically compound.
Click on "supply" for the asset you want to supply, and enter the amount. You can click on “More Parameters” to view more detailed data.
After you supply, you will receive sCoin, which represents your supply position. You can view your supplied assets, amount, and quantity on the Lending pools page. Over time, your supply will auto-compound, and your sCoin balance will increase automatically. This updated amount will also be reflected on the Lending page.
Reminder: You must have SUI in your wallet to pay for gas fees.
You can also open a Lending position on Scallop by directly swapping into sCoins. Go to the Swap page, Select the asset you want to supply and swap it directly into sCoin which represents your supplied position in the pool.
Once the swap is completed, you will automatically receive sCoin in your wallet, and your Lending position will be active.
Reminder: You must have SUI in your wallet to pay for gas fees, and the swap fee is 0.01%.
Visit Lending and sCoins to get more information
