<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/b1a57fd4-8cac-4bcf-ae7d-b94e021280e7/bot_profile.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/b1a57fd4-8cac-4bcf-ae7d-b94e021280e7/bot_profile.png" width="40px" /> Once you have set up MetaMask and BiFi to the same Mainnet, you are now ready to use BiFi Lending. To use BiFi on Ethereum, you need Ethereum-based tokens (ERC-20) and to use it on BSC, you need BSC-based tokens (BEP-20).

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Related articles

Setting up MetaMask for Ethereum

Setting up MetaMask for Binance Smart Chain

Lending on BSC

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Lending on BSC

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Lending - Borrowing


1. Overview

You can choose the amount of each asset you want to deposit.

Deposit assets, earn more than just the interest!

When you deposit on BiFi, you can earn interest on your assets and BiFi tokens as a reward. When you deposit BNB, you earn 2.43% interest per year (APY) on BNB. Additionally, you earn an additional 12.14% interest in BiFi tokens. As a result, you earn a net profit of 14.57% by depositing BNB.

Learn more about BiFi token rewards:

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2. Adding and Enabling Assets

Before you deposit an asset for the first time, you must enable the asset.

Enabling Assets

To enable an asset, click Deposit next to the asset. Note that you need to be holding ETH in order to pay for gas fees.

Add Token: Click Add Token at the bottom of the page to add an asset to MetaMask.

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3. Depositing Assets

Once you have enabled the assets, you can start depositing. Click Deposit next to the asset and select the amount you wish to deposit. Click Deposit on the bottom right to finish depositing.

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Deposit Amount

Use the bar to set the percentage from the amount you are holding.

Wallet Balance

View your current wallet balance from the selected deposit amount

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