# Lend & Borrow with Kinetic Market

## **About** **Kinetic Market:**

<mark style="color:$info;">Kinetic Market lets users supply (lend) assets to earn APY and borrow against supplied collateral. Now you can simply lend and borrow with Kinetic via Luminite Wallet.</mark>&#x20;

### How to Lend (Supply) using Kinetic Market

1\. Open the Earn section

* Navigate to 'Earn' from the main menu on\
  <https://www.luminite.app/earn>&#x20;

Locate Kinetic Market and click 'Explore'.\
<https://www.luminite.app/kinetic>

<figure><img src="https://989274273-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhMtKxves9QxzLkgVKYCT%2Fuploads%2FoHMatl0sFzSYeMk8OCTR%2Funknown.jpeg?alt=media&#x26;token=faa6f5db-0977-462b-ad28-b8c69d583a9c" alt=""><figcaption></figcaption></figure>

2\. Choose asset

* In the Dashboard section, find the asset you want to supply&#x20;
* Click Supply on the asset’s card.

<figure><img src="https://989274273-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhMtKxves9QxzLkgVKYCT%2Fuploads%2FG0wON4HQg99kCQHoJVsD%2Funknown.jpeg?alt=media&#x26;token=5667d08f-9aea-423f-97d7-d47be5a87c08" alt=""><figcaption></figcaption></figure>

3\. Enter supply amount

* Type the amount you wish to supply.
* The interface will display: Supply APY, Distribution APY, and Collateral Factor. Review these carefully.

<figure><img src="https://989274273-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhMtKxves9QxzLkgVKYCT%2Fuploads%2FwsUwyFOft7Pt0JdPWdk6%2Funknown.jpeg?alt=media&#x26;token=051a5a22-b559-4c24-a898-d619f3a88fbd" alt=""><figcaption></figcaption></figure>

4\. Enable as collateral

* Toggle Enable as collateral ON if you plan to borrow against this supply. If you do not want it used as collateral, leave it OFF.

Note: Enabling as collateral increases your borrowing power but also exposes that supplied asset to liquidation risk if your borrowing position becomes undercollateralized.

<figure><img src="https://989274273-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhMtKxves9QxzLkgVKYCT%2Fuploads%2FfgdiSPEcMyjyQ0qV5G1I%2Funknown.jpeg?alt=media&#x26;token=fa4c2099-a628-4ea9-8f3d-29e49b2c08d4" alt=""><figcaption></figcaption></figure>

5\. Supply

* Click Supply.
* Wait for the transaction to be mined/confirmed.

<figure><img src="https://989274273-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhMtKxves9QxzLkgVKYCT%2Fuploads%2FYjCei1SPfAGRznKkx0kX%2Funknown.jpeg?alt=media&#x26;token=078a58e9-3655-4f34-b30c-2e534ce6fef4" alt=""><figcaption></figcaption></figure>

6\. Complete & Track Your Rewards

A success notification will appear in the top‑right corner once the transaction completes.

* Your supplied balance will now show in the Dashboard&#x20;
* Rewards update in real-time
* Remember to claim your rewards

**Tips & checks**

* If the supplied asset requires an approval transaction, you may see an initial Approve step before the Supply — confirm that first.
* Check the Collateral Factor (CF) to understand how much you can borrow against this asset (e.g., CF 75% means 75% loan-to-value for that asset).<br>

### How to Borrow using Kinetic Market

Prerequisite: You must have supplied assets with '**Enable as collateral'** switched ON.

1\. Go to[ https://www.luminite.app/kinetic](https://www.luminite.app/kinetic) <br>

2\. Choose asset to borrow

* On the Dashboard, select the asset you want to borrow.

Click Borrow on that asset’s card.

<figure><img src="https://989274273-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhMtKxves9QxzLkgVKYCT%2Fuploads%2FxyEzcCovkn5d96S1GGtb%2Funknown.jpeg?alt=media&#x26;token=2772b330-4dc0-4642-94d1-2ad84288302b" alt=""><figcaption></figcaption></figure>

3\. Enter borrow amount

* Enter the amount you want to borrow. Note the UI shows your available borrow limit based on your collateral.

Note: The maximum borrow amount equals the borrowing power provided by your collateral - it may be lower than your supplied amount depending on collateral factors and existing borrows.

<figure><img src="https://989274273-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhMtKxves9QxzLkgVKYCT%2Fuploads%2FcCJMhhusxVwJpjxNGFlF%2Funknown.jpeg?alt=media&#x26;token=0f35ef2b-2d89-4147-86d6-8bd3e5bca8f2" alt=""><figcaption></figcaption></figure>

4\. Click 'Borrow' and confirm the transaction in your wallet.

Wait for the transaction to process.<br>

<figure><img src="https://989274273-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FhMtKxves9QxzLkgVKYCT%2Fuploads%2FA1kZBRu0SNC09Ou4dTvP%2Funknown.jpeg?alt=media&#x26;token=00f4bf4c-db36-4b11-8b1e-0b35a9dbb2fe" alt=""><figcaption></figcaption></figure>

5\. Complete the Transaction

A success notification will appear in the top‑right corner once the borrow transaction completes.

* Your borrowed balance and outstanding debt will be visible in the Dashboard.<br>

**Notes & warnings**

* Borrowing increases liquidation risk. Monitor your Health Factor regularly.
* Interest accrues on borrowed assets - check the Borrow APY