# Lending on Moonwell

**Published by:** [Lynn Brooke](https://paragraph.com/@lynnbrooke/)
**Published on:** 2024-09-10
**URL:** https://paragraph.com/@lynnbrooke/lending-on-moonwell

## Content

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:What you need:WalletAssets to lendStep-by-Step: How to Lend on Moonwell 1)Access Moonwell: go to moonwell.fi and click on “Start Lending” or “Launch App” to enter the main page of the Moonwell app.2)Connect your wallet:Click on the wallet connection button located on the top right of the page.Moonwell supports multiple wallets including Coinbase Wallet, Rabby, MetaMask, WalletConnect, TrustWallet, Talisman, and SubWallet.💡Note: you must accept all required agreements to proceed3)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.4)Select and asset to supply: click on the “Supply” button next to your desired asset within the lending pool list.An asset information box will display a detailed market overview.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”.A confirmation box will appear with your supply details. You must approve Moonwell’s permission to operate with your tokens by clicking “Approve Supply”.6)Confirm the supply transaction on Moonwell by clicking “Confirm Supply”, and then approve the transaction in your wallet.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 BrookeThis 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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