💳Axel Lending Vaults
How to Use Vaults
Overview
This document provides comprehensive instructions for using Vaults on the Axel Lending Platform. Vaults allow lenders to create automated lending pools and borrowers to take loans against collateral. Each section describes navigation paths and button interactions to perform key actions.
1. Creating a Vault (As Lender)
🧭 Navigation: Vaults → Manage Vaults
📝 Steps:
Click "Create New Vault" button (top of manage page)
Fill in vault details:
Loan Token: Select token to lend (eUSDC, PLSX, AXEL, HEX, etc.)
Initial Deposit: Amount to deposit initially
Interest Rate: Annual interest rate
Loan Duration: Min/Max loan duration (1-365 days)
Collateral Tokens: Up to 3 accepted collateral types
Collateral Ratios: Minimum collateral ratio for each token
Liquidation Thresholds: Liquidation trigger point
Click "Create Vault" to submit
Approve token allowance if prompted
Confirm transaction in wallet
Pay vault creation fee
✅ Result: Your vault is created and appears in "Manage Vaults" tab. Borrowers can now take loans from your vault.
2. Depositing Funds to Vault (As Lender)
🧭 Navigation: Vaults → Manage Vaults → Your Vault
📝 Steps:
Find your vault in "Manage Vaults" tab
Click "Deposit Funds" button on your vault card
Enter deposit amount
Click "Deposit" to submit
Approve token allowance if prompted
Confirm transaction in wallet
✅ Result: Funds are added to your vault, increasing available lending capital.
3. Withdrawing Funds from Vault (As Lender)
🧭 Navigation: Vaults → Manage Vaults → Your Vault
📝 Steps:
Find your vault in "Manage Vaults" tab
Click "Withdraw" button on your vault card
Choose withdrawal type:
Loan Token Withdrawal: Withdraw your deposited loan tokens
Custom Token Withdrawal: Withdraw other tokens (fees, liquidated collateral)
Enter withdrawal amount
Click "Withdraw" to submit
Confirm transaction in wallet
✅ Result: Requested tokens are transferred to your wallet.
4. Managing Vault Settings (As Lender)
🧭 Navigation: Vaults → Manage Vaults → Your Vault
📝 Steps:
Add Collateral Token:
Click "Add Collateral" button on your vault card
Select new collateral token
Set collateral ratio and liquidation threshold
Click "Add Collateral Token"
Confirm transaction in wallet
Deactivate/Reactivate Vault:
Click "Deactivate Vault" to stop new loans
Click "Reactivate Vault" to resume lending
Confirm transaction in wallet
Copy Vault Link:
Click "Copy Link" button to share your vault URL
Link is copied to clipboard for sharing
Share Vault on X (Twitter):
Click the "X" icon button on your vault card
This opens X (Twitter) with a pre-filled tweet about your vault
Customize the tweet message if desired
Post to share your vault with the community
✅ Result: Vault settings are updated according to your changes, and you can promote your vault on social media.
5. Taking a Loan from Vault (As Borrower)
🧭 Navigation: Vaults → Browse Vaults
📝 Steps:
Browse available vaults in "Browse Vaults" tab
Use filters to find suitable vaults:
Loan Token: Filter by desired loan token
Collateral Token: Filter by your available collateral
Duration: Filter by loan duration range
Click "Take Loan" button on desired vault
Fill in loan details:
Loan Amount: Amount you want to borrow
Collateral Token: Choose from vault's accepted collateral
Collateral Amount: Required collateral (auto-calculated)
Loan Duration: Duration within vault's range
Review loan terms and liquidation risk
Click "Take Loan" to submit
Approve collateral token allowance if prompted
Confirm transaction in wallet
✅ Result: Loan is created, collateral is locked, and loan tokens are sent to your wallet. You can now visit the My Loans section to track your active borrowing positions.
6. Managing Active Loans (As Borrower)
🧭 Navigation: My Loans section
📝 Steps:
Add More Collateral:
Navigate to My Loans section
Find your active loan in the loans table
Click "Add Collateral" button
Enter additional collateral amount
Click "Add Collateral" to submit
Approve token allowance if prompted
Confirm transaction in wallet
Repay Loan:
Navigate to My Loans section
Find your active loan in the loans table
Click "Repay Loan" button
Approve token allowance if prompted
Confirm transaction in wallet
✅ Result: Collateral is increased or loan is repaid and collateral is returned. All your borrowing activity is tracked in My Loans.
7. Navigating Vault Information
🧭 Navigation: Vaults → Any Vault
📝 Vault Card Information:
Loan Token & APY: Shows lending token and annual percentage yield
Available/Total: Shows available funds vs total deposited
Duration Range: Minimum and maximum loan duration
Accepted Collateral: List of collateral tokens and ratios
Collateral Slots: Shows how many collateral types are configured (X/3)
Status: Active/Inactive vault status
📝 Filter Options:
Loan Token Filter: Filter vaults by loan token type
Collateral Token Filter: Filter by accepted collateral
Duration Filter: Filter by loan duration range
✅ Result: Easy navigation and filtering to find suitable vaults for your needs.
8. Tracking Your Lending Activity
🧭 Navigation: My Lends section
📝 Overview: All your lending activity through vaults is automatically tracked in the My Lends section. This includes:
Active Lends: Loans you've provided through your vaults
Interest Earnings: Real-time tracking of interest accumulation
Vault Performance: Overview of all your vault activities
Repayment History: Complete history of loan repayments received
✅ Result: Complete visibility into your lending portfolio and earnings across all your vaults.
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