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  • Deposit in DRR

Deposit in DRR

Once you’ve borrowed the DUSD on the App, you can deposit them in Davos Redistribution Rate (DRR) for a competitive APY:

  1. Visit the Earn page. Earn page
  2. In the Davos Redistrubution Rate section, choose a network and click Deposit. Click Deposit
  3. Enter the desired amount and click Approve to approve Davos access to this amount. Enter amount and click Approve
  4. Set a custom spending cap and click Next. Set a spending cap
  5. Confirm the approval transaction in MetaMask. Click Confirm in MetaMask
  6. Click Deposit. Click Deposit
  7. Confirm the deposit transaction in MetaMask. Click Confirm in MetaMask
  8. Wait till Transaction in Progress changes to The Transaction in Completed!.
    Then click OK to go back to the Earn page. Click OK
  9. You can see the yield you’ve gained on the Earn page. Check your DRR position