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DAO to DAO Loans(D2D)

Prerequisites

The rest of the tutorial assumes that you have the basic understanding with ERC20 and Web3. If you are totally green hand to web3, it might not be the best idea to jump into a D2D as your first step - grasping the basic information at first is highly recommended.

How to use DAO to DAO Loan(Testnet)?

D2D Account

Step1 Enter the D2D Loan portal

The first thing you need to do is to enter the D2D Loan portal. This can be done by going to d2d.kyoko.finance where you will be greeted with the Bank page that shows some basic information and statistics about D2D.
Please ensure that you only follow the official links in this article.
DAO to DAO Website
DAO to DAO Information

Step2 Connect your wallet

The next step is to connect your wallet. After entering the credit bank page, the connect wallet page will automatically pop up or you can click the Launch App button in the right side. You can choose from a number of options: MetaMask or other web3 wallets through WalletConnect.
Connect Wallet

Step3 Join the test to get credit amount & test token

Click the JOINTEST button on the right side.
Jointest
You can click Apply Credit Amount to get credit amount for 'Borrow', and click Claim Token to get the test Token for 'Supply'.
Get Test Vredit Amount
Get Test Token

Step4 Supply test token

Go to the supply page, set the amount or click button Max to apply the maximum amount of the test token in your wallet, which could be used to supply in the credit bank as the liquidity. Then click the Supply button.
Supply
Connect with wallet to Approve token and Confirm the transaction.
Approve the Supply
Confirm the Supply

Step5 Borrow test token

Go to the borrow page, set the borrow amount or click button Max to borrow the maximum amount of the test token in your credit account, then click the Borrow button.
Borrow from Credit Amount
Connect with wallet to Confirm the transaction.
Confirm the Borrow

Step6 Withdraw test token

Click Account to enter the user account data page, where the user can see the Supply balance, the Borrow amount and the credit limit.
Click Withdraw to withdraw the token you supply.
Withdraw the Supply Token
Connect with wallet to Confirm the transaction.
Confirm the Withdraw

Step7 Repay test token

Click Repay to repay the token you borrow.
Repay the Borrow
Connect with wallet to Approve token and Confirm the transaction.
Approve the Repay
Confirm the Repay

Something Missing?

If something is missing in the documentation or if you find some parts are confused, you could ask in Kyoko communities, or email us with improvement to [email protected], or tweet at the @Kyoko account. We would love to hear from you!