📚 How-To: Lend FIAT On Wagon Network Supply Chain Financing 🚀

3 min readDec 9, 2024

In this post, we’ll walk you through the step-by-step process to lend FIAT directly and earn passive income through Wagon Network’s decentralized supply chain financing platform. Let’s dive in!

Step 1: Access the Wagon Platform and Connect or Sign In

Navigate to the Wagon Network website at https://app.wagon.network. Select Connect Wallet and sign in with either your email or crypto wallet.

Step 2: Complete KYC for ease FIAT lending

Select “Profile” from the menu to access your KYC Profile. Fill in your profile information and wait for our team to verify it.

Note: Your full name must match with your bank account name.

Step 2: Select “Lend” and Choose a Pool to Lend

Click on “Lend” from the menu to access the lending platform. Choose the pool you wish to lend from the list. After selecting the pool, you’ll be redirected to the detail page for more information.

Step 3: Lend Your FIAT to the Pool Directly

Select the “Lend Your FIAT” button to easily lend your FIAT. Fill in the amount of stable coin you want to lend. Once complete, you will given a link to a payment gateway. Complete the transaction and make sure that your Bank account and KYC name must match to each other.

Note: Currently, only IDRX tokens and verified KYC users can use this feature.
Note: Please note that this process may take some time to complete, as FIAT transactions require verification and processing by our team. Additionally, you may need to wait for the minting process of IDRX tokens to be completed before your funds are ready for disbursement.

Step 4: Your Account is Automatically Updated and Receive NFT

Once your transaction is validated and staked, you will receive NFT, and you can begin enjoying the yield generated by your deposit.

FIAT staked successfully and receive NFT as prove of ownership

By following these simple steps, you can start lending FIAT directly on the Wagon Network and begin earning passive income through our decentralized supply chain financing platform. Whether you’re new to DeFi or an experienced user, Wagon Network offers a secure, seamless way to grow your investments while supporting the global supply chain ecosystem.

Start lending today and become part of the future of decentralized finance! 🌍🚀