How to Get Started

How to Connect Wallet

First, you need to click the Connect Wallet button in the upper right corner of the Oxygen_Light interface.

Then you need to select your wallet.

The last step is to log into your wallet.

How to Deposit

To make a Deposit firstly you need to choose an asset that you have in the wallet by clicking on it.

In the pop-up window you need to enter the amount you wish to Deposit. If you have Borrowed assets, you will see a hint of how much you need to Repay. Available shows the maximum amount of a given asset in your wallet that you can Deposit.

Then just Approve the deposit transaction through your wallet.

Check the summary of your Deposited assets to Oxygen_Light.

How to Borrow

To Borrow funds firstly you need to ensure that you have enough collateral (assets Deposited in the protocol) and your Loan Health is not in the red zone. Choose which asset you wish to borrow and click on it.

In the pop-up window you need to choose Withdraw and turn the Borrow funds switch ON (blue).

Then enter the amount of funds you want to borrow or click on Available to borrow the maximum amount.

Then just confirm the borrow transaction through your wallet.

Now you can find assets which you've Borrowed via Oxygen_Light and see how your Loan Health status has changed.

How to Withdraw (without additional Borrow)

You can Withdraw any deposited assets as long as the resulting loan coverage is higher than [110]%. To Withdraw your assets from the protocol you need to choose which asset you wish to Withdraw and click on it. If you have Borrowed assets, your Loan Health will reduce after withdrawing deposits.

Please make sure that the Borrow funds switch is OFF (grey).

Then enter the amount of funds you wish to Withdraw, or click on Available to withdraw to set the maximum amount.

Then just confirm the Withdrawal transaction through your wallet.

Dashboard Overview

TVL - Total Value Locked is the overall value of digital assets deposited in Oxygen_Light.

AL - Available Liquidity shows overall value that are available to Borrow.

IE 24H - Interest Earned per 24 hours shows the amount of yield to be earned by Oxygen_Light users in the next 24 hours based on current parameters

My Wallet Assets - Shows how many assets are in a user’s wallet Wallet balance and the value of funds that can be Borrowed if the total wallet balance is Deposited.

My Platform Assets - Shows how many digital assets a user Deposited or Borrowed from the protocol in US dollars equivalent.

My Cashflow - Shows general information on income and fees of a user’s Deposited/Borrowed digital assets.

My Loan Health - Shows user's collateral and liquidation risk status.

All Markets - Is a dashboard of all digital assets locked in the protocol.

My Assets - Is a dashboard showing all of a user's assets in the protocol.