How to Deposit Crypto
The step-by-step guide walks you through the process of depositing your tokens in the Eonian protocol to insure it for free and start earning passively.
Last updated
Was this helpful?
The step-by-step guide walks you through the process of depositing your tokens in the Eonian protocol to insure it for free and start earning passively.
Last updated
Was this helpful?
To insure your savings, you first need to deposit your crypto into the Eonian protocol. This way, you will save it in insured storage, which generates interest on your savings. After completing this guide, you will be able to enable insurance for deposited assets.
Choose the cryptocurrency that you have in your wallet.
Connecting your wallet to the Eonian application is crucial for the process. This connection facilitates the deposit and withdrawal of your tokens.
Choose the way to connect your wallet in the popup. If you have a wallet extension installed in your browser, it will be displayed in a popup. Simply click on it.
Approve a connect request in your wallet to successfully link your wallet to the dApp.
Now, you're set to deposit your tokens.
Decide on the number of tokens you want to deposit and input this number into the provided field. Or simply click on the percent under the input.
After entering the number, click the "Save" button.
You will then need to approve two transactions. The deposit process is split into two parts to ensure its safety.
After the successful deposit of your tokens, Eonian takes the lead. Your tokens will strategically lend your assets in various DeFi protocols, yielding returns over time. You can see projected returns on the right chart.
Now, you need to enable wallet insurance by linking your email. As a result, if someone hacks your wallet, you will be able to recover access to your wallet through email or get reimbursement if a hacker is able to steal your assets.
