Omneon
  • Welcome
    • Introduction
  • Quick Start Guide
  • System Overview
    • Architecture
    • How Lending Works
  • Interest Rate Model
  • Liquidation Mechanism
  • Risk Management
  • Omneon Token
    • Tokenomics
  • Use Cases
  • developer resources
    • Contract Addresses
  • Audit
    • Audit Reports
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On this page
  • 💰 How to Supply (Lend & Stake)
  • Step 1: Supply to Lending Pool
  • Step 2: Stake for OMNEON Rewards
  • Step 3: Manage Your Position
  • 🏦 How to Borrow
  • Step 1: Initiate Borrowing
  • Step 2: Monitor Your Health Factor
  • Step 3: Manage Your Loan
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Quick Start Guide

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Last updated 3 days ago

We've created this guide to help you get started with supplying, borrowing, and managing your positions on Omneon. Please note that we are currently live on the IOTA Rebased Testnet. All tokens used on the testnet have no real-world value.


💰 How to Supply (Lend & Stake)

Step 1: Supply to Lending Pool

  1. Find vUSD market in Markets page

  2. Click "Supply" button in the Actions column

  3. In the Supply Modal:

    • Enter amount to supply (or click MAX)

    • Review transaction details

    • Click "Supply"

  4. Approve transaction in your wallet

  5. Wait for confirmation - you'll receive share tokens

Step 2: Stake for OMNEON Rewards

  1. Navigate to Staking page

  2. Find "Lend vUSD/IOTA Share Token" pool

  3. Check available balance in "Available to Stake" column

  4. Click "Stake" button

  5. In the Stake Modal:

    • Enter stake amount (minimum 0.1 tokens)

    • Click MAX for full amount

    • Click "Confirm Stake"

  6. Approve transaction and wait for confirmation

Step 3: Manage Your Position

Track Performance:

  • Markets Page: View real-time supply APY and position size

  • Staking Page: Monitor OMNEON rewards earned

Available Actions:

  • Claim Rewards: Get OMNEON tokens without unstaking

  • Withdraw Funds: Remove vUSD from lending pool

  • Unstake: Remove staking position and claim all rewards

Subscribe for Notifications:

  • Link your email: To receive personalized AI-powered updates based on your on-chain activity


🏦 How to Borrow

Step 1: Initiate Borrowing

  1. Navigate to Markets

  2. Find vUSD market (vUSD = borrow asset, IOTA = collateral)

  3. Click "Borrow" button (appears when no existing debt)

  4. In the Borrow Modal:

    • Collateral Amount: Enter IOTA to lock up

    • Borrow Amount: Enter vUSD to receive

    • Check LTV: Must be ≤ 75% (shown in modal)

    • Review Interest Rate: Current borrowing APR

  5. Click "Confirm Borrow" and approve transaction

Step 2: Monitor Your Health Factor

Understanding Health Factor Colors:

  • 🟢 Green (>2.0): Very safe, low liquidation risk

  • 🔵 Blue (1.5-2.0): Safe, normal risk level

  • 🟡 Yellow (1.2-1.5): Caution, monitor closely

  • 🔴 Red (<1.2): Danger, immediate action needed

  • ⚫ Black (<1.0): Liquidation possible

⚠️ Warning: Liquidation begins when health factor drops below 1.0

Step 3: Manage Your Loan

Repay Your Debt:

  1. Click "Repay" button next to your position

  2. Choose repay amount or select "Repay All" checkbox

  3. Confirm transaction - collateral returned when fully repaid

Borrow More (against existing collateral):

  1. Click "Borrow More" when you have active debt

  2. Enter additional amount to borrow

  3. Check updated LTV - must stay within limits

Improve Health Factor:

  • Add Collateral: Deposit more IOTA to increase safety

  • Partial Repayment: Reduce debt without full repayment

  • Monitor Prices: IOTA price affects your health factor


When you borrow or supply, you can link your email to your wallet to receive personalized insights. You'll get email updates and alerts when your loan or collateral positions require attention.