Nexon Finance: The Future of Capital Efficient Lending

Decentralized Finance (DeFi) has revolutionized the way we think about traditional finance. With DeFi protocols like Nexon Finance, users can lend and borrow cryptocurrency assets more efficiently than ever before. Nexon Finance offers users the opportunity to maximize their capital efficiency while minimizing risks associated with external liquidity and oracles. This lending protocol is built on zkSync Era, a highly secure scaling solution, and offers instant and super-cheap transactions.

If you're new to Nexon Finance and are looking to explore the platform, here's a step-by-step guide on how to interact with the dapp:

Step 1: Connect Your Wallet

To use Nexon Finance, you will need to connect your wallet to the platform. Currently, Nexon Finance supports Metamask, WalletConnect, and Portis wallets. If you haven't already, download and set up a compatible wallet and ensure it has enough funds to interact with the dapp.

Step 2: Supply Crypto Assets

Once you have connected your wallet(Zksync era mainnet ), you can begin supplying crypto assets to the platform. To do this, select the token you wish to supply and click on the corresponding row. Enter the desired deposit amount and click the "Supply" button. Confirm the transaction and wait for it to be processed. Your deposit is now successful and will start earning interest. Upon successful deposit, Nexon Tokens (nTokens) representing your supplied asset will be deposited into your wallet.

Step 3: Withdraw Crypto Assets

If you wish to withdraw your supplied crypto assets, go to the Nexon Finance Dashboard and find the asset you want to withdraw. Click on the "Withdraw" button next to it. Enter the amount you want to withdraw or select "max" to withdraw all. Click the "Withdraw" button and confirm the transaction. Wait for the transaction to be processed. Once it's successful, you will receive your withdrawn asset and interest in your wallet.

Step 4: Borrow Crypto Assets

Nexon Finance allows users to obtain loans by using their assets as collateral. To borrow crypto assets, select the token you wish to borrow and click on the corresponding row. Enter the desired borrow amount and click the "Borrow" button. Confirm the transaction and wait for it to be processed. Upon successful borrowing, you will receive assets in your wallet.

Step 5: Repay Borrowed Crypto Assets

If you wish to repay your borrowed crypto assets, go to the Nexon Finance Dashboard and find the asset you want to repay. Click on the "Repay" button below it. Enter the amount you want to repay or select "max" to repay all. Click the "Repay" button and confirm the transaction. Wait for the transaction to be processed.

In conclusion, Nexon Finance is a powerful DeFi protocol that offers users a secure and efficient way to lend and borrow cryptocurrency assets. By following this step-by-step guide, you can easily interact with the dapp and maximize your capital efficiency. Give Nexon Finance a try and experience the future of capital efficient lending today!