Borrowing
Borrowers on DeFi Pool Share are the users who are renting an LP's position in Uniswap V3 Pools to get access to Uniswap V3 Position NFT claim fee function for the duration of loan by paying rent.
Step 1: Set up a wallet
The first step is to set up a compatible wallet that supports Ethereum and ERC-20 tokens. We recommend using wallets such as MetaMask or MyEtherWallet, but you can also use any other Ethereum-compatible wallet.
Step 2: Connect your wallet to DeFi Pool Share
Once you have set up your wallet, you can connect it to DeFi Pool Share by visiting our website and connecting your wallet through the "Connect Wallet" button. This will allow you to view available pool shares.
Step 3: Borrow a Uniswap V3 Position NFT
If you are interested in borrowing a pool position, you can browse available pool positions NFT and place a bid on a specific position that matches your needs. Once your bid is accepted by the owner, you will gain access to the claim fee function of the Pool Position for the duration of the loan.
Step 4: Claim fees
As a borrower, you will be able to claim your share of the fees generated by the Uniswap V3 pool during the loan period. This is done through our platform, and the fees will be claimed directly on your wallet.
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