LogoKandle Finance

Getting Started

Learn how to start using Kandle Finance for optimized DeFi yields

Getting Started with Kandle Finance

Welcome to Kandle Finance! This guide will walk you through the process of connecting your wallet, depositing assets, and starting to earn optimized yields through our AI-powered DeFi ecosystem.

Prerequisites

Before you begin, make sure you have:

  • A Web3 wallet (MetaMask, WalletConnect, Coinbase Wallet)
  • Cryptocurrency assets (USDT, USDC, ETH, BTC, or other supported tokens)
  • Some ETH for gas fees on Ethereum mainnet

Step 1: Connect Your Wallet

Kandle Finance implements a non-custodial architecture where you maintain complete control over your assets throughout the entire process.

  1. Visit the Kandle Finance app
  2. Click "Connect Wallet"
  3. Choose your preferred wallet provider
  4. Approve the connection request

Your assets remain in your wallet until you explicitly deposit them into our yield optimization strategies.

Step 2: Deposit Assets

Once connected, you can deposit supported assets to start earning optimized yields:

  1. Navigate to the "Earn" section
  2. Select the asset you want to deposit
  3. Enter the amount you wish to deposit
  4. Review the current APY and strategy details
  5. Confirm the transaction in your wallet

Upon deposit, you'll receive Kandle LP tokens (cTokens) that represent your share of the yield-generating pool.

Step 3: Monitor Your Earnings

Your LP tokens automatically appreciate in value as yield is generated:

  • Real-time Tracking: Monitor your earnings through the dashboard
  • Auto-compounding: Yields are automatically reinvested for compound growth
  • Strategy Updates: Our AI continuously optimizes your asset allocation

Step 4: Explore Advanced Features

LP Token Lending

Use your Kandle LP tokens as collateral to borrow other assets:

  1. Navigate to the "Lending" section
  2. Select your LP tokens as collateral
  3. Choose the asset you want to borrow
  4. Confirm the loan terms and execute

Your LP tokens continue earning yield while serving as collateral.

Governance Participation

Stake KANDLE tokens to participate in governance and earn additional rewards:

  1. Acquire KANDLE tokens through farming rewards or DEX purchases
  2. Navigate to the "Governance" section
  3. Stake your KANDLE tokens
  4. Participate in voting on protocol decisions
  5. Earn weekly fee distributions

Supported Networks

Kandle Finance operates across multiple blockchain networks:

  • Ethereum Mainnet (Primary)
  • BNB Smart Chain (Primary)
  • Polygon (Low-fee operations)
  • Arbitrum (L2 DeFi ecosystem)
  • Optimism (Alternative L2 yields)

Fee Structure

  • Deposit Fee: 0.2-0.8% (competitive with other yield protocols)
  • Performance Fee: 10-15% of generated yield
  • Withdrawal Fee: 0.1%
  • Management Fee: 1-5% annually

Fee Discounts

Stake KANDLE tokens to receive discounts on performance fees:

KANDLE StakedDiscount
1,000+1%
5,000+3%
10,000+6%
25,000+10%
50,000+15%

Security & Safety

  • Non-custodial: You maintain control of your private keys
  • Audited Contracts: All smart contracts undergo third-party security audits
  • Open Source: Smart contract code is publicly verifiable
  • Insurance: Protocol insurance coverage for smart contract risks

Need Help?

  • Documentation: Explore our comprehensive Technical Architecture
  • Community: Join our Discord for community support
  • Support: Contact our team through official channels

Start your optimized DeFi journey with Kandle Finance today!