Lend with Order books

Lending with order books is buying rcTokens on the order books.

The website to access the order books is located here: https://coverrules.com/

Buying rcTokens makes you a Lender. When buying on the order books, you are responsible for paying the gas to execute the order!

Step 1: (1) Select the app. (2) Select the protocol. (3) Select the token you would like to buy.

Watch the video below

Step 2: Approve the tokens.

Step 3: (1) Enter the amount Stablecoin (DAI, USDC or alUSD) you are willing to pay per rcToken (2) Enter the amount of coverage you would like to buy. (2) Set the amount of time you would like the order to be good for.

Watch the video below

Step 4: (1) Click "Place Buy Order". (2) Sign the transaction - this does not cost any money. You only pay money if the order goes through.

You will see your order appear on the order book. Once the order is filled you will receive the rcToken token which represents your amount of coverage. You can cancel your order at any time before its filled.