Delea Finance
  • Welcome to Delea Finance 🐑
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  • DELEA PROTOCOL - CDP
    • 💡How Delea Works?
      • User manual
    • ⚙️Mechanisms
      • Borrowing (Mint)
      • Liquidation
      • Oracle
      • Repayment
      • Withdrawal
      • Peg Mechanism
    • Fees
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  • TOKENOMICS
    • Tokenomics Overview
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    • D-ONE ($DONE) Token
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  1. DELEA PROTOCOL - CDP
  2. How Delea Works?

User manual

PreviousHow Delea Works?NextMechanisms

Last updated 4 months ago

Welcome to Delea Finance - a decentralized borrowing protocol where you can deposit collateral (TON, jBTC, jETH) to mint $DONE, an over-collateralized stablecoin to unlock liquidity, and participate in DeFi without selling your TON. This manual will guide you through the main features and functionalities of the Delea Finance app.

  1. Connect your wallet on platform and deposit your collateral.

    • No is charged when you deposit collateral in the protocol.

  2. $DONE against your deposited collateral.

    • Minimum 125% collateralization, health factor ≥ 1.25 to avoid

    • No is charged when you open a borrow position.

  3. Use $DONE in DeFi activities to maximize liquidity without selling core assets.

  4. $DONE based on your deposited collateral

    • : 1% fee on repayment amount and borrow rate 4% annually, calculated at repayment

    • Purchase $DONE on DEX if needed.

  5. your collateral

    • No is charged when a user withdraws TON from the protocol

🎥 Need Extra Guidance? Watch our detailed video tutorial to see how the platform works step-by-step: 👉

Explore, borrow, and maximize your DeFi journey with Delea Finance! 🚀

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