✅Deposit

The magic of the beginning

Here is how to make your first initial deposit in a few simple steps:

• Connect your wallet: First, make sure your crypto wallet is connected to our Lobster platform. Click "Connect" and follow the instructions to link your wallet.

• Select your strategy: Once logged in, choose the strategy you want to invest in. Each strategy works its own way, and is based on a single asset, which is the one you will be depositing and the one that you will generate yield on. Read carefully about them and select the one that suits you best.

• Access the associated vault page : Each strategy is associated with a non-custodial secure vault. This is where you will be able to deposit your assets.

• Deposit your first assets : Indicate the amount you want to deposit into your vault.

• Confirm your deposit: After specifying the amount, confirm your deposit. Follow the instructions to validate the transaction from your crypto wallet. Once the transaction is confirmed, your funds will be deposited into Lobster vault. And that's all you need to do for now.

• Receive your receipt tokens: These tokens arrive directly in your wallet and represent your proof of deposit with Lobster. Its value will evolve along with the generated interests. They can be returned to Lobster in exchange for your funds and the interests, via the withdrawal button. Please note that, for security reason, you cannot withdraw your funds during the first 24 hours.

And there you have it, you have made your first deposit on Lobster! Your funds are now ready to be managed by our intelligent algorithms to maximize your returns. Feel free to explore our different strategies.

If you are still struggling with deposit, you can check this detailed section :

🦊 Step-by-Step Guide: How to deposit on Lobster