> ## Documentation Index
> Fetch the complete documentation index at: https://docs.solana.vanna.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# For Liquidity Providers

> Supply stocks and stables to Vanna pools and earn borrower interest.

Supply from your wallet. You do not need a margin account to earn.

Tokenized stocks on Kamino's xStocks market pay \~0%. Vanna pools for the same mints earn a utilization-based APR from real borrowers — perps traders, carry traders, and anyone borrowing the stock or USDC.

## What you earn

Interest paid by borrowers, minus the reserve factor. Receipts are **vTokens** (share mints). Their exchange rate rises as interest accrues. You do not need to claim.

There is no impermanent loss. You are lending a single asset, not providing an AMM pair.

## What you risk

* Borrowers can be liquidated; a failed liquidation can leave bad debt.
* Utilization can be high enough that you cannot redeem the full amount immediately.
* Oracle, program, and fork/demo operational risk.

## How to start

1. Connect a wallet and mint the asset from [Faucet](/guides/connect-wallet).
2. Open [Earn](/guides/earn/overview), pick a pool, and [Supply](/guides/earn/supply).
3. Withdraw by redeeming vTokens when the pool has cash.

See [Lending Pools](/learn/lending-pools) and [Interest Rate Model](/learn/interest-rate-model).