8lends User Manual
We’ve collected the most common information and questions about how 8lends works, and who we are.
Whether you’re just getting started or already investing, this guide will help you understand the key points — from project selection to payouts, risks, KYC, and beyond.
1. How to Set Up a Wallet
To start using 8lends, you’ll need a crypto wallet.
We recommend MetaMask. It’s free, secure, and works right in your browser.
Here’s a quick setup guide:
1️⃣ Download MetaMask
Go to metamask.io → Download → Install for your browser → Add Extension → Pin it for easy access.
2️⃣ Create a Wallet
Click “Create a Wallet” → Set a password → Follow the steps.
3️⃣ Back Up Your Secret Phrase
MetaMask will give you 12 secret words. This is the only way to restore your wallet — store it safely and never share it.
4️⃣ Find Your Ethereum Address
Click the MetaMask icon → Copy the address starting with 0x.... This is your wallet address.
5️⃣ Add the BASE Network
Click the network selector at the top → Find “Base Mainnet” → Click “Add” → Approve.
6️⃣ Add USDC Token
Click the 3 dots → “Import tokens” → Search for USDC → Select and click “Import”.
☑️ Your wallet is ready!
2. How to Buy Crypto
Here’s how to buy ETH via Meld.io and swap it to USDC on 8lends.
Step 1: Buy ETH via Meld.io
1️⃣ Go to your wallet on 8lends and click the wallet address
2️⃣ Tap Buy crypto
3️⃣ Select Meld.io
4️⃣ Choose your payment currency (EUR)
5️⃣ Select ETH_BASE (on the BASE network!)
6️⃣ Pick a payment method: Apple Pay, Google Pay, or bank transfer
7️⃣ Click Buy Ethereum
8️⃣ Enter your email address
9️⃣ Confirm your payment method
🔟 Wait for ETH to arrive in your wallet
Step 2: Swap ETH to USDC
1️⃣ Click your wallet address → Swap
2️⃣ Set ETH (top) → USDC (bottom)
3️⃣ Enter the amount → click Review Swap
Leave a small amount of ETH for gas fees
4️⃣ Confirm the swap in your wallet
5️⃣ Done. Check your new balance
3. How to Complete KYC
To invest on 8lends, you need to complete KYC (identity verification).
Already verified on Maclear? Just fill out this quick form, you don't need to do it again.
If you're new, here’s how to pass KYC:
1️⃣ Click Connect Wallet
2️⃣ Choose your wallet (e.g. MetaMask)
3️⃣ In the pop-up window → click Connect → Sign → Confirm
4️⃣ Go to any project page → click Complete KYC
5️⃣ Click Continue
6️⃣ Choose your device (this one or phone)
7️⃣ Select “All countries except USA”
8️⃣ Pick your country and choose a document type
9️⃣ Upload a photo of the document → Continue
🔟 Give access to your camera and follow the instructions
☑️ That’s it — you’re verified!
Now you can invest in any live project on 8lends.
4. How to Invest in 8lends
Here’s how to fund real projects on the 8lends platform step by step:
1️⃣ Go to app.8lends.io and connect your wallet
2️⃣ Scroll down to view all available projects
3️⃣ Choose a project you like → click Invest Now
4️⃣ Enter your investment amount (min. 100 USDC)
5️⃣ Agree to the terms → click Confirm
6️⃣ In your wallet window → double-check everything → Confirm
7️⃣ Confirm once more in the second pop-up
☑️ Done!
You’ll see a confirmation window showing:
- Investment amount
- Status
- Date and time
- Transaction ID
- Project info
Go to Dashboard to track:
- Total investment
- Average APY
- Expected return
- List of your active projects
You’re all set to start investing on 8lends.
FAQ (Frequently Asked Questions)
How does 8lends work?
8lends is connecting investors like you to borrowers, cutting out the middlemen and unnecessary fees. Here’s how it works:
- Borrowers apply for funding, backed by real-world assets like property or equipment.
- Our platform evaluates their financial health and collateral using a rigorous 40-point verification process.
- You choose projects to invest in based on your goals, starting with as little as 100 USDC.
Smart contracts ensure every transaction is secure, transparent, and traceable.
Has the 8lends protocol been audited?
Yes, by Certik and Cyberscope.
Which wallets does the dapp support?
The dapp supports WalletConnect, Metamask, Coinbase, Rainbow, Trust Wallet, Rabby Wallet, 1inch, Zerion, c98, Safepal
How are companies selected for fundraising on the platform?
Companies on 8lends go through a rigorous selection process. We make sure only the best projects are listed for fundraising. Here’s how it works:
- Financial health check. We analyze balance sheets, credit history, and financial behavior to ensure stability.
- Collateral validation. Borrowers must back their loans with tangible assets like property, equipment, or inventory, which are carefully verified.
- Market viability. We assess the company’s growth potential, industry competitiveness, and business plans.
- Compliance. All borrowers must meet strict AML, KYC, and GDPR standards.
- Business credibility. Background checks ensure the company and its leadership have a solid track record.
Our 40-point verification process ensures that every project is secure, viable, and aligned with our investor’s goals.
What happens if a project doesn’t meet its fundraising goal?
If a project doesn’t meet its fundraising goal, your investment is fully refunded. At 8lends, we ensure that funds are only deployed once a project is fully funded and ready to move forward. This protects your investment and guarantees that borrowers receive the complete amount they need to execute their projects.
Is the APY fixed?
Yes, the APY is fixed, which provides stable, predictable returns on your funds. Once you choose a project for lending, the APY remains constant throughout your lending period, regardless of market fluctuations.
Can I transfer money from Maclear to 8lends?
No, even though the platforms are connected, transfers between them are not possible.
What if there's a delay in funds showing up?
Wait 10 minutes. If nothing changes, message support here: @eightlends_help_bot
What’s the project’s economy built on?
Our model uses:
- Fees (3% only if a project is fully funded)
- Collaterals (to reduce risk)
- Commissions (to incentivize borrowers)
- Smart contracts (automated and transparent)
Do you take taxes?
No, we don’t withhold taxes or provide tax advice. Please check the tax rules in your country.
Can I trust 8lends?
Yes. 8lends was built by the founders of Maclear, a Swiss-based lending company.
Maclear is fully registered and operates under Swiss regulations: Maclear
Our smart contract has been audited. Everything is verifiable and transparent.
For More Information
If you want to dive deeper into how the platform works,
Check out these guides:
Full Review of the 8lends Platform
P2P Investing From Scratch for IOS