> For the complete documentation index, see [llms.txt](https://provident-capital.gitbook.io/provident-capital/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://provident-capital.gitbook.io/provident-capital/protocol-information/deposit/how-to-deposit.md).

# How to Deposit

## How to Deposit

From the **Markets** page, select the asset you wish to deposit.

<figure><img src="https://1494575984-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F5VHBE6nbw1dvNaqtdZgR%2Fuploads%2FrJ6eZtTM2yPNiNvDYTcD%2FScreenshot%20(130).png?alt=media&amp;token=5e3badeb-e025-4f57-9696-9248648a9fc2" alt=""><figcaption></figcaption></figure>

This will initiate the **asset to supply** screen, then click "Supply."

<figure><img src="https://1494575984-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F5VHBE6nbw1dvNaqtdZgR%2Fuploads%2FiI6RdaICHy1Uj8KqFLQ1%2FScreenshot%20(131).png?alt=media&amp;token=aa611dd3-5f3d-42df-aeda-8c1ed678603a" alt=""><figcaption></figcaption></figure>

Select the desired deposit amount and click continue to submit your transaction. Once the transaction is confirmed, your deposit is successfully registered.

<figure><img src="https://1494575984-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F5VHBE6nbw1dvNaqtdZgR%2Fuploads%2Fdg3YK9YszOM9B6gww0xW%2FScreenshot%20(132).png?alt=media&amp;token=699cd800-6a72-44e1-ac24-ea4cf1bd21c7" alt=""><figcaption></figcaption></figure>

{% hint style="warning" %}
The first deposit of an asset will require an additional one-time approval transaction.
{% endhint %}

## Collateral

After depositing an asset, you can determine whether or not to utilize it as collateral. A collateralized asset will activate your borrowing power but will be made available to be partially liquidated should your balance become insolvent (see [Liquidation](/provident-capital/protocol-information/borrow/liquidations.md)).\
\
You can enable collateralization on the asset details page and the Dashboard (pictured below).&#x20;

<figure><img src="https://1494575984-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F5VHBE6nbw1dvNaqtdZgR%2Fuploads%2FDuH5PGvKS4UvIAn05vMK%2FScreenshot%20(130).png?alt=media&amp;token=5ab65aa1-b91c-4354-aacb-795679f6f539" alt=""><figcaption><p>All deposits are enabled as collateral by default!</p></figcaption></figure>

All deposits are enabled as collateral by default. An opt-out option for each asset is available in the "Deposits" section on the **Dashboard** page. Simply toggle the "Collateral" button on the asset you prefer to withhold from use as collateral and confirm the transaction.