# Lending on Moonwell

By [Lynn Brooke](https://paragraph.com/@lynnbrooke) · 2024-09-10

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Lending on Moonwell allows users to **deposit assets** into dedicated liquidity pools, providing a foundational step before borrowing other assets. This guide will walk you through the **lending process** on Moonwell, ensuring you can get started with confidence.

**What you will find in this article**:

![](https://storage.googleapis.com/papyrus_images/32ffa921fe28daefef7d06edaeb5eabb0fcad6d9421eba0f4f708a4ab464b723.jpg)

**What you need:**

*   Wallet
    
*   Assets to lend
    

**Step-by-Step: How to Lend on Moonwell**

**1)Access Moonwell:** go to [moonwell.fi](https://moonwell.fi/) and click on “_Start Lending_” or “_Launch App_” to enter the main page of the Moonwell app.

![](https://storage.googleapis.com/papyrus_images/54ec7115898fb10536fe1eee62033afca1c6d60082d2a6143ad4cf171407d110.png)

**2)Connect your wallet:**

*   Click on the wallet connection button located on the top right of the page.
    

![](https://storage.googleapis.com/papyrus_images/3619358aa98c9f819f6e482cc1fdcfbfe292ac37196b3e1ee5369e9e36301654.png)

*   Moonwell supports multiple wallets including Coinbase Wallet, Rabby, MetaMask, WalletConnect, TrustWallet, Talisman, and SubWallet.
    

![💡Note: you must accept all required agreements to proceed](https://storage.googleapis.com/papyrus_images/39314205a072356a667502e5da4af020076b40e4b119874008b273c83676f850.png)

💡Note: you must accept all required agreements to proceed

**3)Navigate to “Markets”:**

*   From the top menu, select “_Markets_” to view **all available assets for lending** and borrowing on the app.
    
*   You can **filter the lending pools** by clicking on the dropdown labeled “_All Markets_” to choose between:
    
    *   **Core Markets**: standard lending pools available across all networks.
        
    *   **Isolated Markets**: specialized pools available only on the Base network (for more details, see my article on Isolated Markets).
        
*   Further **filter by network** (Base, Optimism, Moonbeam, or Moonriver) by selecting from adjacent dropdown. For this guide, we’ll select Base network.
    

![](https://storage.googleapis.com/papyrus_images/3246990b30399391a9e5a4a406d57bc7d93848f052f727ff8e14ccdd354781f2.png)

**4)Select and asset to supply:** click on the “_Supply_” button next to your desired asset within the lending pool list.

![](https://storage.googleapis.com/papyrus_images/a0177f3d26a7ad2fe099ed996a19db3b7c4cdb43c51a72d8e0e28fbf03f0722f.png)

An asset information box will display a detailed market overview.

![](https://storage.googleapis.com/papyrus_images/5bde476c83cb9720a699d9681fcd29891fd59c2dd04ac123ef6a065478ad76ea.png)

**5)Supply assets:**

*   Enter the **amount** you wish to supply or click “_MAX_” to deposit the full available amount in your wallet, then click on “_Supply_”.
    

![](https://storage.googleapis.com/papyrus_images/105bf81224d19961eede0dfe1aa28fbbdd77405b9c4c1ff5110d70994627ca69.gif)

*   A confirmation box will appear with your supply details. You must **approve** Moonwell’s permission to operate with your tokens by clicking “_Approve Supply_”.
    

![](https://storage.googleapis.com/papyrus_images/bba00183881b8c0852306f4b9d9368c0c3a134842af071430b79fac0b49f2129.png)

**6)Confirm the supply transaction** on Moonwell by clicking “Confirm Supply”, and then approve the transaction in your wallet.

![](https://storage.googleapis.com/papyrus_images/ff64151ef010b1e613299be80a12001bdc5c5b5a507a6c3963b59b74663b9886.png)

![](https://storage.googleapis.com/papyrus_images/d16b61fbd3cf4f4c03e6f625d7af09e840292517ad260c0f4c35ae2dd3ffd010.png)

**Congratulations, you’ve successfully supplied assets to Moonwell!**

You can now **use these assets as collateral to borrow other assets** on the platform. For details on how to borrow, see my next article on borrowing with Moonwell.

This guide is intended to provide a straightforward approach to **lending on Moonwell**, allowing you to confidently navigate the platform and leverage your assets for further financial opportunities.

_Lynn Brooke_

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_This article serves educational purposes and is not financial advice. We encourage you to do your own research and be responsible for your actions in the financial space._

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*Originally published on [Lynn Brooke](https://paragraph.com/@lynnbrooke/lending-on-moonwell)*