Lending & Borrowing

This page contains important user information for lending and borrowing.

Kinto's Musubi enables unified lending and borrowing across multiple chains. Users can lend and borrow assets across different Aave markets available on Mainnet, Base and Arbitrum. To lend or borrow on Kinto, please navigate to the 'Lend' button on the top menu bar.

You will then find a page that shows you the following key information:

• The amount you have available to lend in USD value (Available To Lend)

• The overall lending APY you are receiving if you have lend (Lending APY)

• The total amount being lent (Total Lending Amount). Learn more about supplying assets here.

• The total amount you are borrowing (Total Borrowings). Learn more about borrowing assets here.

• The Health Factor of the wallet (Health Factor). Learn more about the importance of tracking health factor and monitoring liquidation risk here.

Underneath you will see the assets that are available for lending and borrowing on the right - this list of options displays the available markets and current rates.

On the left you will see the console to lend, borrow and withdraw.

The user needs to select whether they want to lend, withdraw or borrow using the buttons at the top of the console, select the asset from the drop down and enter the value into the box.

In this example, the user is lending 334.82 USDC to Arbitrum. The current lend APY can be seen to be 20.798%. To commence, the user clicks 'Lend'.

The user then is prompted for a signature to withdraw the asset from their Kinto wallet to the chain where the asset is going to be lent. The assets are transferred to a user-specific contract deployed on that chain and owned by the Turnkey signer of its Kinto wallet. To continue click 'Confirm Transaction'.

Once this is complete please click 'continue'.

Once the assets are bridged, the user is prompted for a new signature to perform the lend operation. Click 'Lend with passkey' to continue.

Once complete users will see the following lend complete notification. Right now, it takes two signatures and two transactions, but soon, we will reduce this process to just a single signature by fronting liquidity from our paymaster.

The page will then update to show the new values of the user's lend and borrow portfolio.

Borrow and Withdraw functions follow a similar cadence of using the console and signing as required.