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# System prepended metadata

title: Docs draft maneki

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# Depositing
To supply liquidity to an asset on Maneki.finance and begin earning rewards, you can follow the steps below:

## Step 1
Connect your wallet to Maneki.finance, currently we support Metamask wallets.
![](https://hackmd.io/_uploads/r1GateR9h.png)

## Step 2
Select the asset for which you would like to supply liquidity.
![](https://hackmd.io/_uploads/Syebcl0c3.png)
Note that the figures provided alongside each asset indicate the following:
- Total Supply - Current liquidity provided for this asset 
- Total Borrowed - The amount of this asset currently borrowed 
- Deposit APY - The Annual Percentage Yield earned on deposited assets 
- Borrow APY - The Annual Percentage Yield paid on borrowed assets

## Step 3
Next, click on the 'Supply' button in the right section 
![](https://hackmd.io/_uploads/HyFljgCc2.png)

Enter a desired amount and click 'Supply' followed by the asset that you selected
![](https://hackmd.io/_uploads/B1fNol09n.png)

Note that “Collateral” is always turned on, this means that when you supply an asset to the platform, it will automatically be enabled for use as collateral for borrowing against another asset.

You will see your borrow limit update to illustrate the new amount you will be able to borrow after depositing the entered value of the asset.

When you are ready, hit the Supply button. You will then need to confirm transactions and pay gas fees in your wallet to complete the deposit of capital.


# Borrowing
You can use deposited assets as collateral to borrow against. The amount you may borrow in relation to your collateral depends on the type of asset being used as collateral. You can find your borrow limit in your dashboard.

Assets and volume available to borrow depends on the liquidity of the supplied asset. If there is no liquidity, you would need to wait for a new user or the platform to supply more, or for a loan to be repaid.

## Step 1
Click the asset you wish to borrow:
![](https://hackmd.io/_uploads/SyNS3xCch.png)


## Step 2
Enter the amount you wish to borrow and then hit the “Borrow” button. You will then need to sign a transaction and pay gas fees in your wallet to complete the borrow transaction.

You may also need to enable the asset in your wallet and pay a gas fee before you can complete the transaction.

![](https://hackmd.io/_uploads/SkFFhgRc3.png)

You can find the amount of your outstanding borrowed assets in your dashboard, along with any remaining borrow limit.


# Liquidation
A liquidation is a process that occurs when a borrower's Health Factor is reduced to 1 or lower due to their collateral value not properly covering their loan/debt value. This might happen when the collateralized asset decreases or the borrowed debt increases

![](https://hackmd.io/_uploads/rk2wAxC5n.png)

To reduce the risk of liquidation, you can repay any outstanding loans or deposit additional collateral to increase your Health Factor. 

## Liquidators
Liquidators are advanced DeFi users that have developed automated systems (ie. bots) to monitor collateralized positions and seek out loans that are eligible for liquidation. These bots then interact with the protocol's L2Pool contract and initiate a `liquidationCall()`.

This enables Liquidators to pay back part of the debt owed and receive discounted collateral in return (also known as the liquidation bonus). 

This liquidation mechanism incentivizes third parties to participate in the health of the overall protocol by acting in their own interest (to receive the discounted collateral) and as a result, ensure that borrows are sufficiently collateralized across the protocol.

## Liquidation Penalty & Risk Parameters


| Asset | LTV | Liquidation Threshold | Liquidation Penalty |
| ----- | --- | --------------------- | ------------------- |
|       |     |                       |                     |
|       |     |                       |                     |
|       |     |                       |                     |
|       |     |                       |                     |

# Legal Disclaimer
Please read this disclaimer carefully before using https://app.maneki.finance and/or any of its sub-domains (hereinafter referred to as the "Website").By using the Website, you confirm that you accept this legal disclaimer and agree to comply with it. If you do not agree, you must not use the Website.

## Information Published Is Not Advice
The information provided on the Website does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the Website's content as such. Our team provides the Website as a service to the public, and is not responsible for, and expressly disclaims all liability for, damages of any kind arising out of use, reference to, or reliance on any information contained within the Website. While the information contained within the website is periodically updated, no guarantee is given that the information provided in the Website is correct, complete, and up-to-date.

## Usage Risks
The Website will not be responsible for any losses, damages, or claims arising from events falling within the scope of events like, but not limited to: mistakes made by the user (e.g., payments sent to wrong addresses), software problems of the Website or any related software or service (e.g., malware or unsafe cryptographic libraries), technical failures (e.g., hardware wallets malfunction), security problems experienced by the user (e.g., unauthorized access to wallets), actions or inactions of third parties (e.g., bankruptcy of service providers, information security attacks on service providers, and fraud conducted by third parties).

## Investment Risks
The investment in cryptocurrencies can lead to loss of money and prices having large range fluctuations. The information published on the Website cannot guarantee no money loss.The Website user is responsible for understanding these risks, doing own due diligence, and making own decision on how to interface with the Website.


## Compliance With Tax Obligations
The users of the Website are solely responsible to determinate what, if any, taxes apply to their cryptocurrency holdings. The owners of, or contributors to, the Website are NOT responsible for determining the taxes that apply to user transactions.

## No Warranties
The Website is provided on an "as is" basis without any warranties of any kind regarding the Website and/or any content, data, materials and/or services provided on the Website.The Webs

## Security
Security audits don't eliminate risks completely. The Website is not guaranteed to be secure or free from bugs or viruses.

## Limitation of Liability
Unless otherwise required by law, in no event shall the owners of, or contributors to, the Website be liable for any damages of any kind, including, but not limited to, loss of use, loss of profits, or loss of data arising out of or in any way connected with the use of the Website.

## Arbitration
The user of the Website agrees to arbitrate any dispute arising from or in connection with the Website or this disclaimer, except for disputes related to copyrights, logos, trademarks, trade names, trade secrets or patents.

