Lemma
  • 👋Introduction
  • Resources
    • ❓FAQ
    • 📈How do I deposit?
  • Concepts Overview
    • 💹Perpetual Contracts
    • 💵USDL
    • ⚖️USDL Price Stability
    • 🧑‍🌾Basis Trading Yield
    • 🚀Basis Trading Vault
    • 🧠DAO
    • 🚩Risks
  • Smart Contracts
    • 🛡️Audits
    • 📚Core Contracts
      • USDLemma
      • xUSDL
    • 🔌Dex Integrations
      • MCDEXLemma
    • 💆‍♂️Periphery Contracts
      • LemmaRouter
    • 🏠Contract Addresses
    • 🤖How to run an arbitrage bot?
  • Community
  • Discord
  • Twitter
  • Legal
    • Terms of Service
Powered by GitBook
On this page

Was this helpful?

  1. Resources

How do I deposit?

PreviousFAQNextPerpetual Contracts

Last updated 3 years ago

Was this helpful?

  • If your assets are on Ethereum L1, make sure to bridge them over to Arbitrum (an Ethereum L2)

    • We recommend the for deposits

    • Keep in mind you can only deposit USDC or ETH in Lemma

  • Click on any of the "Connect Wallet" buttons on the Lemma website

  • After connecting to your wallet, click on "Change Network" and confirm the switch

  • Enter an amount of ETH or USDC you would like to deposit

    • Keep in mind that if you deposit ETH you will lose all price exposure to it (ie. you are essentially selling your ETH for USD)

    • Depositing ETH is cheaper than depositing USDC

  • If your wallet has been whitelisted & you are not a resident of a then you will be see "View terms & enable deposits"

  • Click on the "View terms & enable deposits" button & read the ToS and the Risk page

  • Click on "Deposit", confirm the transaction on your wallet and you'll be good to go!

📈
official Arbitrum bridge
"Prohibited Jurisdiction"