Hover
  • Introduction
  • Genesis Pools
    • How to Participate in the Genesis Pools
    • How to Withdraw from the Genesis Pools
  • Liquidity Market
    • Supplying
      • hTokens
    • Borrowing
      • Health Factor
    • Protocol Parameters
    • Oracles
  • Hover Tokenomics
    • Hover Staking Program
  • KYC and Location Restrictions
  • Governance
  • Risk and Security
  • Contracts
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  1. Genesis Pools

How to Participate in the Genesis Pools

Last updated 1 year ago

In order to participate, users must start by KAVA, ATOM, or USDt to Hover's lending pools. Upon supplying, users are given a lending receipt token called an in exchange for their deposit. Users must then deposit the associated hTokens (hKAVA, hATOM, or hUSDt) into the Genesis Pools.

Making the hToken deposit is a very important step. If the user makes the supply deposit but fails to deposit the hTokens into the Genesis Pool, they will not be able to receive the Genesis Pool yield.

Please see this for a step-by-step guide on how to make a deposit to the Genesis Pools.

supplying
hToken
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