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Deposit and Borrow

A single vault deposit gives you immediate, auto-compounded yield through the Meta-Yield Token (MYT). From there you can:

  • Stop after the deposit – keep earning passive yield, zero management required.

  • Continue to the borrow step – mint alAssets and tap into self-repaying loans.

The instructions that follow are focused on the process of depositing assets and borrowing alAssets subsequently.

If you only want MYT yield, visit the Passive MYT Yield tutorial →

Prerequisites​

  • Connect your wallet and switch to the chain that holds the assets you plan to deposit.
  • Confirm you have ETH for gas on that chain.

Step 1 – Open the Vaults page​

  • From any screen choose Vaults in the top navigation, or;

  • On the Dashboard (pictured above) click the empty tile with a plus icon next to your existing positions.

Step 2 – Find the vault you want​

  • Use the icon filters (chain and asset) or the Sort by dropdown to narrow the list.

  • Click a vault card to open its detail page.

Step 3 – Choose Deposit/Borrow​

The lower-left panel has three tabs:

  1. Deposit / Borrow (default)

  2. Withdraw

  3. Repay

Stay on Deposit / Borrow.

Step 4 – Enter amounts​

Type the deposit size in the left box, then set the alAsset amount you plan to borrow. As you adjust the fields, keep an eye on three on-screen guides:

  • LTV meter – in the main context window, a colored bar shows your live and maximum loan-to-value. The hard cap (90%) or current cap is marked by a red line. To avoid liquidations, keep your LTV below the indicated liquidation level, the further the better.

  • Strategy mix – under Strategy Info, you can view the pie-chart of active strategies and their respective risk profiles.

  • Strategy ceilings – in the same window, you’ll see the DAO-set maximum share percentage for each strategy that makes up the MYT vault. Therefore, there is a maximum allowed % of high risk strategies in each bucket.

Enter the amount of the vault’s deposit asset you want to add, and the amount of alAsset you wish to borrow.

Step 5 – Queue or send​

  • Click Deposit or Borrow to submit a single action, or;

  • Click the cart icon to bundle both actions. Bundling sends one on-chain transaction instead of two to complete both actions.

Step 6 – Review and confirm​

Your wallet pops up the transaction details. Check network, gas estimate, and amounts, then approve.

Step 7 – Track your position​

Back on the Dashboard you will see:

  • Current collateral

  • Outstanding debt

  • Loan-to-value ratio

  • Redemption queue status (if any)