Deposit
Last updated
Last updated
On Term Structure, a user must use the Deposit function to transfer assets from the user's Ethereum account to the Term Structure account. Like the Register function, Deposit is an on-chain transaction. A user can deposit assets with amounts greater than or equal to the Minimum Deposit Amount into the smart contract. After a successful deposit, the assets will be under the "Available" balance in the user's Term Structure account.
A Minimum Deposit Amount is required to protect the protocol from Sybil Attack when a user performs the Register or Deposit functions. This requirement is recorded in the contract and can be adjusted as needed. This ensures that only genuine users can participate in the protocol, preventing attackers from creating multiple fake accounts to manipulate the system.
| Token | Minimum Deposit Amount |
|---|---|
The "available" indicates the amount of assets that the users can perform - buy, sell, lend, borrow, and withdraw functions on Term Structure, which is different from the balance on the Ethereum mainnet. After the users deposit, the system will immediately add the available to the users' Term Structure account automatically.
For example, Alice deposits
10 ETHin the Term Structure from her Ethereum address, then10 ETHwill be added to her available in Term Structure account.
ETH
0.01
wBTC
0.0005
USDT
10
USDC
10
DAI
10