Supplying Assets

Using the protocol

To utilize the protocol, users supply accepted assets and can earn block rewards according to the market demand for borrowing. Furthermore, supplied assets can serve as collateral for borrowing other assets. The block rewards earned from supplied assets helps offset the accrued interest rates from borrowing.

As the platform expands, more token pools will be incorporated. Initially, the core team determines these additions, but as the protocol's governance shifts towards a Decentralized Autonomous Organization (DAO), community votes and proposals using the xTASHI governance token will decide the approval of additional pools.

cTokens (cEVMOs, cATOM, etc.) Suppliers will be given tokenized yield-bearing tokens (cTokens) which will be required to withdraw supplied assets from the TASHI Liquidity Market when required.

cTokens can be transferred and traded as any other crypto-asset on Evmos.

Supplying assets

1. Click on the Dashboard tab on the menu and click on Supply

2. Select the type of asset from the drop box menu in the Supplydashboard

3. Enter the desired amount to supply and click Deposit

4. Once the transaction is confirmed, the supplied assets are successfully registered and it starts earning block rewards.

5. cTokens will be deposited into your wallet as a representation of your supplied asset into the protocol

There are no restrictions on the minimum or maximum amount for supplied assets, allowing users to supply any desired amount.

However, please note that the initial supply of an asset will require an approval transaction.

Withdrawals

1. To withdraw, locate the Withdraw button under the Supply dashboard and click on Withdraw on the selected asset.

2. Select the amount to withdraw and submit the transaction.

As long as the funds are not currently being utilized for borrowing and withdrawing them would not lead to loan liquidation, users have the option to withdraw their assets.

Opting out of assets being used as collateral

Users with multiple different assets being supplied are able to select assets to be used as collateral. This can be enabled/disabled through the Collateral slider in the Supply dashboard.

Earning

Suppliers, as valued participants in the system, are granted the opportunity to continually earn lucrative block rewards for the assets they contribute. This reward mechanism operates in a perpetual manner, ensuring a sustainable and rewarding experience for suppliers. The allocation of these block rewards is not static but rather intelligently adjusted in real-time, keeping pace with the ever-changing market conditions. This dynamic adjustment allows suppliers to benefit from optimal returns and adapt their strategies accordingly.

Each individual asset within the system possesses its own unique and independent supply and demand market. This market, driven by the forces of supply and demand, interacts in a dynamic ecosystem where asset values fluctuate based on market conditions. To reflect this inherent volatility, an Annual Percentage Yield (APY) is associated with each asset, serving as a benchmark for its potential return on investment.

The Annual Percentage Yield (APY) assigned to an asset is not a fixed value but rather undergoes continuous recalibration over time. This recalibration process takes into account various factors such as market demand, overall asset supply, and prevailing economic conditions. As these variables change, the APY is adjusted accordingly to reflect the current state of the market. This dynamic nature ensures that suppliers are equipped with the most accurate and up-to-date information regarding the potential profitability of their assets.

By incorporating such a dynamic and adaptable approach to block rewards and Annual Percentage Yields, the system empowers suppliers to make informed decisions and strategically manage their assets. They can capitalize on favorable market conditions, maximizing their earning potential while also adapting to mitigate risks during periods of market uncertainty. Ultimately, this comprehensive and flexible framework cultivates a thriving ecosystem where suppliers can continually optimize their returns and contribute to the overall growth and stability of the system.

The cToken functions as a digital representation that accurately reflects the quantity of assets supplied by the user within the framework of the TASHI protocol. As users provide assets to the protocol, they receive an equivalent amount of cTokens in their wallet, which serve as digital placeholders for the supplied assets. Over time, the value of these cTokens appreciates due to the interest rate associated with the underlying asset.

To delve deeper into the intricacies, it is important to note that the specific type of cTokens minted corresponds to the particular underlying asset that was supplied to the TASHI protocol. For example, if a user supplies EVMOS tokens, they would receive cEVMOS tokens in return. Similarly, if a user supplies ATOM tokens, they would obtain cATOM tokens in their wallet. These custom cTokens are tailored to mirror the underlying assets, thereby ensuring accuracy and compatibility within the TASHI ecosystem.

While the quantity of cTokens held by users remains constant, their conversion value into the original asset steadily increases over time. This value appreciation occurs due to the interest rate assigned to the cTokens, which is relative to the interest rate of the initial supplied asset. As the interest accrues, the user's cTokens gradually represent a larger portion of the underlying asset, effectively amplifying the user's holdings. Consequently, by converting their cTokens back into the original asset, users can access a progressively higher quantity of the asset they initially supplied to the TASHI protocol.

In summary, the cToken is an integral component of the TASHI protocol, serving as a reliable and dynamic representation of the user's supplied asset balance. It not only facilitates the seamless exchange between supplied assets and cTokens but also provides users with the opportunity to witness the growth of their holdings as the cTokens appreciate in value relative to the original asset.