Instadapp Lite
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iTokens

Learn about iTokens your interest earning deposit tokenized
When you deposit into Instadapp Lite you will receive iTokens which represent your deposit plus interest! iTokens are standard ERC20 tokens and can be traded, exchanges and used like any other token.
Hold, Redeem, or Send! Your deposits on Lite are standard ERC-20 tokens

Bridging Yields and DeFi Yield Lego

iTokens can be bridged and migrated to other chains, this enables assets to earn yield from Mainnet Ethereum which may be higher and more reliable then other sources. These tokens can always be redeemed on Mainnet for their underlying deposit plus interest. Developers and protocols are open to integrate or build on top of iTokens bringing yields to their products or creating new use cases for iTokens.

Accounting Benefits

iTokens may provide accounting benefits by minimizing and simplifying the number of transactions. iToken balances do not change in your wallet instead their underlying value increases and when redeemed you claim your deposit plus interest.

Mainnet iToken Contract Addresses

Asset
Token Address
iETH
0xc383a3833a87009fd9597f8184979af5edfad019
iUSDC
0xc8871267e07408b89aA5aEcc58AdCA5E574557F8
iWBTC
0xEC363faa5c4dd0e51f3D9B5d0101263760E7cdeB
iDAI
0x40a9d39aa50871Df092538c5999b107f34409061