Sett User Guides - Binance Smart Chain (BSC)
Token Distribution
WIP Badger Registry
Pre Launch
Wrapped BTC/ibBTC (Sushiswap LP)
The Sushiswap Wrapped BTC/ibBTC Vault contains both wBTC and ibBTC.
This LP vault requires that you hold an equal amount of each underlying in order to deposit.
How to deposit: 1. You must first hold an equal amount of wBTC and ibBTC in your wallet before beginning the process. Both assets can swapped for on any reputable decentralized exchange like Sushiswap or Uniswap. Alternatively, wBTC can be converted from native Bitcoin using the Badger Bridge and ibBTC can be minted in the Badger App leveraging existing wBTC vault positions.
2. Once you have acquired equal amounts of the necessary assets, you will head over to Sushiswap to add liquidity to their wBTC/ibBTC pool. This can be done by adjusting the slider to select Liquidity tab selecting wBTC and ibBTC as the assets you which to deposit into the pool.
3. After depositing into the Sushiswap pool, you will receive an LP token that represents the value and percentage of your deposit in that pool. This token will not appear in your wallet unless the token has been added but that does not mean it isn't there. It will appear visible in the Badger App during the next step.‌
4. You will then head over to the Badger App, select the Sushiswap Wrapped BTC/ibBTCvault on the Sett Vault page and proceed to deposit your LP token to receive rewards.
*All rewards will be claimable within the Badger app except for Sushiswap LP fees. These accrue to your LP token, increasing its value over time.
Last modified 25d ago
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