> For the complete documentation index, see [llms.txt](https://nukemloans.gitbook.io/nukemloans/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nukemloans.gitbook.io/nukemloans/nukem-loans-beta-dapp/lend.md).

# Lend

Deposit meme tokens or USDT in the lending vaults and earn interest.

## Lend Interface

To access the lending section, click on 'LEND' in the NUKEM INVEST interface.

<figure><img src="https://2037880979-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTz1DtBGUcpuhpSKPaTV0%2Fuploads%2FKEc6wyTuTQqn85aX2Zs4%2Ffqewgqqewfwq.png?alt=media&amp;token=34265d7d-f0f0-4fe8-9032-1170e2a86173" alt="" width="563"><figcaption><p>Lend section</p></figcaption></figure>

After clicking on the 'LEND' button, the following interface is presented:

<figure><img src="https://2037880979-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTz1DtBGUcpuhpSKPaTV0%2Fuploads%2FC9y7hb7YsoXaxgyuYm7W%2Ff4g24g2s.png?alt=media&amp;token=3ded8f87-e937-45e5-b600-3003573ba18c" alt="" width="492"><figcaption></figcaption></figure>

In this interface, Users have two variables that can be changed:

* *I will invest* - choose asset and amount you wish to deposit as lending liquidity. These tokens will be deployed as a loan to the borrowers and will earn interest.
* *Backed by* - choosing an asset from the drop-down menu will determine the collateral used for loans where your tokens will be deployed, i.e., the market you want to participate in. ***You are not depositing collateral in this section; you are simply choosing the market you want to lend on!***

{% hint style="info" %}
*Example 1:*\
When choosing '*Backed by*' **NUKEM** in the '*I will invest*' drop-down menu, only **USDT** is available. This is because there is currently only one market where **NUKEM** is used as collateral and **USDT** is deployed in loans, specifically **USDTNUKEM**.
{% endhint %}

{% hint style="info" %}
*Example 2:*\
When choosing '*Backed by*' **USDT** in the '*I will invest*' drop-down menu, there will be multiple options available. This is because there are multiple markets where **USDT** is used as collateral and **meme tokens** are deployed in loans. Such markets include **NUKEMUSDT**, **FLOKIUSDT**, **BONKUSDT**, and others.
{% endhint %}

<figure><img src="https://2037880979-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTz1DtBGUcpuhpSKPaTV0%2Fuploads%2FJ36T7JUgHVMLHcCDUkvx%2Ffwergh34h3w.png?alt=media&amp;token=c588dbc7-a9dc-41e9-b56e-67b5b1e12927" alt="" width="398"><figcaption><p>If you can't find the token you want to deposit as a lending liquidity, we recommend trying all markets in 'Backed by' and checking what 'I will invest' options are available for each </p></figcaption></figure>

Before initiating a lending liquidity deposit, users can check how much collateral is deposited for a specific market and the current APY. Once deposited, lending liquidity is locked for a certain period of time (usually \~24h) to prevent exploits of the interest harvesting mechanism.

<figure><img src="https://2037880979-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTz1DtBGUcpuhpSKPaTV0%2Fuploads%2FLRogp3oeuji0S8P8jdFH%2Ffwegghww.png?alt=media&amp;token=45a689ee-83fe-4f82-a72d-5b196efa87fa" alt="" width="438"><figcaption><p>Before depositing liquidity, check the APY for each market – there might be a market that pays more for your tokens.</p></figcaption></figure>

To deposit liquidity as a lender, User has to:

* Input desired amount of assets in the 'I will invest' interface, and click on **Approve** (Step 1 of 2).
* Metamask will pop-up with signature request. Click **Sign** to proceed.
* Upon signing, User will be presented with another button - **Invest** (Step 2/2).
* After clicking on it, Metamask will pop-up with deposit confirmation details. Click **Confirm** to finalize depositing process to the lending vault.

Done! You succesfully deposited assets into lending vault on Nukem Loans platform. Your assets are now earning daily interest based on vault efficiency (utilization ratio).