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BEQUANT Prime Brokerage
DeFi
AAVE deposits and withdrawals
AAVE deposits and withdrawals
Updated over a week ago

General information: Aave is a decentralized non-custodial liquidity protocol where users can participate as depositors or borrowers..

Official site: https://aave.com/

Market data (current TLV, liquidity, prices): https://app.aave.com/markets/

Scope:

  • We provide uAPI and UI only for AAVE versions 2 on Ethereum blockchain.

  • We support AAVE staking only. (ABPT staking is not supported).

Deposits (Supply)

  1. Navigate DeFi section in Top menu of https://my.bequant.pro

  2. In section bottom navigation select Protocols tab

  3. In AAVE click "More action" and select Deposit from a drop-down menu

  4. AAVE deposit modal will appear

  5. Form description:

    1. "Deposit Currency" field will pre-load all possible currency that could be supplied to AAVE protocol (not all ERC-20 tokens can be supplied to AAVE protocol)

    2. "Deposit Amount" filed will provide ability to specify depositing amount or Max available amount of currency

    3. Transaction overview:

      1. Deposit APY. It is APY for selected currency.

      2. Collateralisation. Shows availability to use currency as collateral for AAVE protocol to borrow assets (not all supported ERC-20 tokens can be used as collateral).

      3. Health factor. It is indicator of all clients positions. It reflects all deposits and borrowings. HF works as an LTV-like indicator and if it value drops bellow 1 the positions of client will be liquidated.

  6. To deposit 20 ZRX

  7. Select ZRX as "Deposit currency"

  8. Full "Deposit amount" with 20 value

  9. In case the current ERC-20 doesn't have allowance with protocol 'Allow' button will be shown

  10. Click "Allow" button, confirmation message will appear

  11. Track execution of this transaction as well as for Uniswap (please refer to the Uniswap instruction here)

    1. Track transaction status 'Completed' via Transaction tab.

    2. Start over from 1 step.

  12. If allowance for selected token is in place you will see the active "Deposit" button.

  13. Click "Deposit" button

  14. Confirmation message will appear

Withdrawals

  1. Navigate DeFi section in Top menu of https://my.bequant.pro

  2. In section bottom navigation select Protocols tab

  3. In AAVE click "More action" and select Withdrawal from a drop-down menu

  4. AAVE withdrawal modal will appear

  5. In case you want to withdraw all amount that supplied you must select Max. Otherwise provide value to a "Withdraw Amount" field.

    1. Note about Max option. Due to percent calculated continuously it is almost impossible to withdrawal full amount via manual providing of a value.

  6. Click "Withdraw"

  7. Track transaction execution via a "Transactions" tab.

  8. Track Balances changes via a "Balances" tab.

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